Beemok Capital, the family office of businessman and philanthropist Benjamin Navarro, today announced the recent closing of its previously announced acquisition of the Western & Southern Open tournament from the United States Tennis Association (“USTA”). The tournament consistently fields the best players in the world and is one of only five tournaments in the world, outside of the Majors, to host concurrent top tier men’s and women’s tournaments at the same venue. In 2025, the importance and scale of the tournament will continue to grow as the ATP main draw player field will expand by 70% and the duration extends from seven to twelve days. The acquisition is the next milestone in Beemok’s commitment to the development of tennis across all levels in the U.S. Beemok affiliates currently play host to North America’s largest women’s only professional tennis tournament, the Credit One Charleston Open, which was acquired by Beemok in 2018. Beemok also operates two tennis complexes in the Charleston area that serve as hosts for numerous USTA Pro Circuit events, the USTA Girls’ 18s National Clay Court Championship and a high-performance tennis academy developing players who aspire to compete at the college and pro levels.