Beemok Capital Acquires Charleston Place Hotel

Beemok Capital Acquires Western & Southern Open

August 12, 2022

Media & Entertainment

Beemok Capital, the family office of Benjamin W. Navarro, has entered into a definitive agreement and completed the acquisition of the Western & Southern Open tennis tournament from the United States Tennis Association (USTA). The purchase expands Beemok's tennis portfolio (which includes the Credit One Charleston Open and regional tennis complexes) and includes plans to invest in the event's long-term growth; Beemok also named Todd Martin Head of Tennis for Beemok Sports.

Beacon Pointe Advisors Acquires Bridge Advisory and Charleston Investment Advisors

October 1, 2024

Wealth Management

Beacon Pointe Advisors has acquired Bridge Advisory (Pasadena/Newport Beach, CA) and agreed to acquire Charleston Investment Advisors (Mt. Pleasant, SC), adding approximately $600 million in client assets and bringing Beacon Pointe's assets under advisement to just under $37 billion. Bridge Advisory's 10-person team and Charleston's founder Stephanie W. Mackara will join Beacon Pointe as partners; financial terms were not disclosed.

Pebblebrook Hotel Trust Acquires Margaritaville Hollywood Beach Resort

September 23, 2021

Real Estate

Pebblebrook Hotel Trust acquired the 369-room Margaritaville Hollywood Beach Resort in Hollywood, Florida for $270 million from an affiliate of KSL Capital Partners, LLC. The oceanfront lifestyle resort will continue to be managed by Davidson Hospitality Group and becomes part of Pebblebrook's Curator Hotel & Resort Collection as the REIT seeks to expand its footprint in South Florida.

Pivotal Growth Acquires Charleston Financial Services Limited

July 29, 2024

Financial Services

Pivotal Growth, backed by Pollen Street Capital, has acquired Charleston Financial Services Limited, a Milton Keynes-based mortgage and protection broker specialising in commercial, bridging, buy-to-let and HMO markets. The transaction — granted FCA regulatory approval — expands Pivotal Growth's specialist distribution offering and is the 13th acquisition completed under Pollen Street's ownership.

H.I.G. Capital Acquires BECO Holding Company from Behrman Capital

November 4, 2021

Logistics & Distribution

An affiliate of H.I.G. Capital has acquired BECO Holding Company, Inc. from Behrman Capital; financial terms were not disclosed. BECO, headquartered in Charlotte, North Carolina, operates 16 distribution centers and provides fire suppression, life safety and kitchen system products and services; the company's leadership will remain with a significant ownership stake in the recapitalized business.

Peachtree Hotel Group Acquires Nine Hotels in $300M Portfolio Push

January 31, 2022

Real Estate

Peachtree Hotel Group announced it acquired nine hotels across the United States as part of a record $2.0 billion total investment activity in 2021, with approximately $300 million deployed into those hotel acquisitions. The purchases include select- and limited-service branded properties in Florida, Georgia, Tennessee, Maryland, Texas and California as Peachtree grows its owned and managed lodging portfolio.