Open Stance
Professional
Financial services firm Beemok Capital has agreed to acquire Cincinnati’s Western and Southern Open tournament from the United States Tennis Association (USTA).
South Carolina-headquartered Beemok, the family office of billionaire businessman and Sherman Financial Group chief executive Benjamin Navarro, is expected to wrap up the deal in the third quarter of 2022.
For Navarro, the tournament adds to his burgeoning tennis portfolio. In 2018, he bought the WTA Charleston Open and pumped a reported US$50 million to renovate its Credit One Stadium home. His daughter, Emma Navarro, is also a professional player.
I happen to live in Mason less than a mile from the WSO facility. Hearing rumors that Navarro may want to eventually move the WSO to South Carolina which would suck. The WSO has an awesome facility and great attendance attracting fans from all over the *******. Anyone else hear anything about this?
https://www.sportspromedia.com/news...-usta-tennis-beemok-capital-benjamin-navarro/
South Carolina-headquartered Beemok, the family office of billionaire businessman and Sherman Financial Group chief executive Benjamin Navarro, is expected to wrap up the deal in the third quarter of 2022.
For Navarro, the tournament adds to his burgeoning tennis portfolio. In 2018, he bought the WTA Charleston Open and pumped a reported US$50 million to renovate its Credit One Stadium home. His daughter, Emma Navarro, is also a professional player.
I happen to live in Mason less than a mile from the WSO facility. Hearing rumors that Navarro may want to eventually move the WSO to South Carolina which would suck. The WSO has an awesome facility and great attendance attracting fans from all over the *******. Anyone else hear anything about this?
https://www.sportspromedia.com/news...-usta-tennis-beemok-capital-benjamin-navarro/