Family Office Capital to Acquire USTA’s Western and Southern Open
Posted on 08/24/2022
Beemok Capital is the family office of Sherman Financial Group chief executive Benjamin Navarro. Beemok Capital agreed to acquire Cincinnati’s Western and Southern Open tournament from the United States Tennis Association (USTA). According to Sport Business Journal, offers as high as US$ 250 million were received during the initial bidding process. Navarro will take over…
