Beemok Capital

What Beemok Capital does

Beemok Capital is a single family office established in 2018 by Benjamin and Kelly Navarro to manage the family's diversified investment and philanthropic portfolio. The firm operates across five principal verticals: financial services (a significant minority stake in Credit One Bank, the largest privately held OCC-regulated monoline non-prime credit card issuer in the U.S. with 19+ million cards outstanding); sports and entertainment (the Cincinnati Open ATP Masters 1000/WTA 1000 tournament, the Credit One Charleston Open WTA 500, the 11,000-seat Credit One Stadium hosting 20+ concerts annually, and the 1,500-member LTP Tennis training facility); hospitality (The Charleston Place 433-room landmark hotel, The Cooper 191-room waterfront hotel, Sorelle restaurant, and The Riviera Theater, collectively hosting 150,000+ guests annually); education and community (Meeting Street Schools serving 1,500 under-resourced K-8 students, $60M in Meeting Street Scholarship Fund awards to 1,500 recipients, and $10.7M in Excellence in Teaching Awards to 900 teachers); and real estate development (the 65-acre Union Pier waterfront redevelopment in downtown Charleston).

Revenue mechanics are diversified across interchange and fees on 19+ million credit cards, ticket sales and sponsorships for premier tennis tournaments, hotel room revenue at luxury Charleston properties, restaurant and entertainment venue transactions, and philanthropy-driven community programming. Beemok operates from its Charleston, SC headquarters with affiliated operations in Las Vegas (Credit One Bank), Mason, OH (Cincinnati Open venue), and Spartanburg, SC (Meeting Street Schools). The firm reported 101-250 employees at the family-office level; portfolio hospitality operations alone employ over 1,050 staff at Charleston Place (650) and Cooper (400). GTM motions span sales-led direct-to-consumer distribution across Credit One Bank, event-driven acquisition through sports properties, community-led engagement via education and wellness programs, and digital direct-to-consumer credit card acquisition.

The underlying business model is that of a multi-generational family wealth vehicle combining controlling operating businesses (wholly-owned hospitality, sports, education, and real estate assets) with significant minority financial-services exposure (Credit One Bank). No proprietary technology platforms were disclosed; the competitive position derives from capital deployment, regulatory standing, venue ownership, and integrated brand presence in Charleston and adjacent markets rather than technology differentiation.

Name

Beemok Capital

Legal name

Beemok Capital, LLC

Website

https://beemok.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

101–250 employees

Short description

Beemok Capital is a Charleston, SC-based single family office managing the Navarro family's diversified portfolio across non-prime credit card banking (Credit One Bank stake), professional tennis events, luxury hospitality, K-8 education and scholarships, wellness programs, and waterfront real estate development.

Ownership category

akta.pro rank

Product category

Family Office Investment Management

NAICS

Credit Card Issuing (52221), Nondepository Credit Intermediation (5222), Management of Companies and Enterprises (5511)

SIC

Personal Credit Institutions (6141), Miscellaneous Business Credit Institution (6159), Retail-Eating Places (5812)

akta.pro primary industry

Family Office Services (Single & Multi-Family Office) (FSABADAF)

akta.pro secondary industry

Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)

Keywords

• Family office investment
• Luxury hospitality management
• Professional tennis events
• Credit card banking
• Education and wellness

Headquarters

HQ city

Charleston

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Credit Card Operations: Credit One Bank generates revenue through credit card issuance including annual fees averaging $6-8/month, interest charges on balances, and transaction interchange fees. The bank has 19+ million cards outstanding as a monoline OCC-regulated non-prime credit card issuer.
2. Sports & Entertainment Events: Revenue from professional tennis tournaments including the Cincinnati Open and Credit One Charleston Open through ticket sales, sponsorships, broadcasting rights, and concessions. Also includes Credit One Stadium concerts (20+ annually) attracting 200,000+ music fans.
3. Hospitality Operations: Revenue from hotel operations at The Charleston Place (433 rooms) and The Cooper Hotel (191 rooms), restaurant dining at Sorelle and other venues, and entertainment at The Riviera Theater. Combined properties host 150,000+ guests annually.
4. Philanthropy & Community Investment: Beemok operates nonprofit education and wellness initiatives (Meeting Street Schools, Meeting Street Scholarship Fund, Excellence in Teaching Awards, Modern Minds) that support the company's community-building mission and may attract matching contributions.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels5 records

Core offering

Beemok Capital is a single family office that operates and manages a diversified portfolio of subsidiaries across sports and entertainment (Cincinnati Open, Credit One Charleston Open, Credit One Stadium, Sporting Club, LTP Tennis), hospitality (The Charleston Place, The Cooper Hotel, Sorelle restaurant, The Riviera Theater), education (Meeting Street Schools, Scholarship Fund, Teaching Awards), health and wellness (Modern Minds, Intentionality Program), and a significant minority interest in Credit One Bank, the nation's largest OCC-regulated monoline non-prime credit card issuer. Its operating model combines for-profit and philanthropic ventures, anchored by long-horizon family ownership and community-building initiatives in Charleston, SC and other markets.

Product overview

Beemok Capital operates as a single family office established in 2018 to manage the investment and philanthropic initiatives of founder Benjamin Navarro. The company\'s portfolio is organized into distinct divisions: Beemok Sports & Entertainment manages premier tennis properties including the Cincinnati Open (ATP Masters 1000/WTA 1000), Credit One Charleston Open (WTA 500), Credit One Stadium (concert venue), Cincinnati Open Sporting Club, and LTP Tennis training facilities. Beemok Hospitality Collection operates hotels (The Charleston Place, The Cooper Hotel), restaurants (Sorelle), entertainment venues (The Riviera Theater), and public spaces (American Gardens). Beemok Education supports Meeting Street Schools network, Meeting Street Scholarship Fund, and Excellence in Teaching Awards. The Health & Wellness division includes Modern Minds mental health practice and the Intentionality program at College of Charleston. Additionally, Beemok holds a significant minority stake in Credit One Bank and is developing the Union Pier waterfront property in Charleston.

Differentiator

Problem solved

Functional benefit

Brands

• Cincinnati Open: Longest-running Masters 1000 and WTA 1000 tennis tournament in its city of origin, underwent $260 million renovation in 2025
• Credit One Charleston Open
• Credit One Stadium
• Cincinnati Open Sporting Club
• LTP Tennis
• The Charleston Place
• The Cooper Hotel
• Sorelle
• The Riviera Theater
• American Gardens
• Meeting Street Schools
• Meeting Street Scholarship Fund
• Excellence in Teaching Awards
• Modern Minds
• Intentionality Class
• Union Pier
• Catalyst by Beemok

Products and services

• The Charleston Place Hotel An iconic 433-room landmark hotel in Charleston's historic district with 5 restaurants, hosting 100,000+ guests annually and supporting 650 local employees; serves luxury leisure, business, and group travelers.
• The Cooper Hotel Charleston's only luxury waterfront hotel connecting Waterfront Park to the future Union Pier development, with 191 rooms, 4 restaurants, and 400 local employees hosting 50,000 guests annually.
• Sorelle A 204-seat modern Italian restaurant on Charleston's historic Broad Street, offering a mercato, central bar, wine room, private dining, and grand dining experiences inspired by Italy's all-day cafés.
• The Riviera Theater An intimate 1930s-era Art Deco venue connecting the community through live entertainment, movies, and special events in Charleston.
• Cincinnati Open A combined ATP Masters 1000 and WTA 1000 tennis tournament held at the Linder Family Tennis Center in Mason, OH, the longest-running Masters 1000 tournament still played in its city of origin, awarded both ATP Masters 1000 and WTA 1000 Tournament of the Year for 2025. Underwent $260 million renovation with the City of Mason and Warren County.
• Credit One Charleston Open The largest women-only professional tennis tournament in the United States (WTA 500), featuring the world's top tennis stars, named WTA 500 Tournament of the Year for three consecutive years.
• Credit One Stadium An 11,000-seat world-class outdoor arena in Charleston designed for tennis and live events, hosting 20+ concerts annually and welcoming over 200,000 music fans each year.
• Cincinnati Open Sporting Club A year-round destination for sport, dining, and events on a 40-acre campus with 37 tennis courts, 10 pickleball courts, and 2 padel courts, featuring a Junior Academy and upscale American restaurant.
• LTP Tennis Premier racquet sports facilities and elite training for athletes of all ages and skill levels, with academic support for aspiring collegiate student-athletes through the LTP Scholars program; 1,500 members with 200+ kids in junior programs and 60+ students in LTP Scholars.
• Modern Minds A Charleston-based nonprofit mental health and wellness practice helping individuals develop skills for whole-person wellbeing through combined physical and mental wellness strategies, established with MUSC partnership.
• Intentionality Program A class at the College of Charleston taught by Ben Navarro, helping students build frameworks for fulfilling lives through purpose-driven growth and personal development, supported by the Center for Intentionality led by Brian Durbin as Executive Director.
• Credit One Bank credit cards The nation's largest OCC-regulated monoline primarily non-prime credit card bank offering consumers tools to build or rebuild credit, including Visa, Mastercard, and American Express products with annual fees averaging $6–8 per month, free credit score monitoring, and cash-back rewards; Beemok owns a significant minority interest, with over 19 million cards outstanding.
• Catalyst by Beemok A startup competition designed to identify, connect, and fund promising Charleston-based entrepreneurs, fostering innovation, mentorship, and long-term economic growth.

Quantifiable outcome

• New Credit One customers who pay bills on time see FICO credit score increase of 30 points within two years
• +5 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and flagship.

• Bright MoneycoreStrategic or Co-development Partner · 1 January 2026Credit One Bank partnered with Bright Money to expand credit access for over 1 million users, combining financial services with wellness-based financial planning tools.
• Medical University of South Carolina (MUSC)coreStrategic or Co-development Partner · 1 May 2025Beemok partnered with MUSC to establish Modern Minds, a mental wellness clinic combining physical and mental wellness strategies to help adults confront challenges.
• College of Charleston - Center for IntentionalityflagshipStrategic or Co-development Partner · 1 May 2025Ben Navarro teaches Intentionality class at College of Charleston helping students build framework for fulfilling life. Partnership established Center for Intentionality at CoFC supporting purpose-driven growth and personal development. Brian Durbin serves as Executive Director of the Center.
• Charleston innovation ecosystemcoreStrategic or Co-development Partner · 1 January 2025Catalyst by Beemok pitch competition invested $2,625,000 in 13 local startups, bringing together 400+ attendees to support Charleston innovation community with mentorship and early-stage funding.

Scale indicators15 records

Recent moves7 records

Expansion highlights4 records

Others

• IMG (Endeavor): IMG is a global sports management, events, and media company representing tennis properties and athletes. It is comparable because it operates in the same sports & entertainment ecosystem as Beemok Sports & Entertainment (tournament operations, athlete representation, event management), though IMG is a much larger diversified agency.
• United States Tennis Association (USTA): The USTA is the national governing body for tennis in the U.S. and previously owned the Western & Southern Open (Cincinnati Open) before selling to Beemok. It is comparable because it operates at the intersection of professional tennis event ownership, tournament sanctioning, and player development—touching the same ecosystem Beemok Sports & Entertainment competes in.

Broad incumbents

• Hilton Worldwide: Hilton operates a global portfolio of luxury and upper-upscale hotels. It is comparable because Beemok's hospitality collection (Charleston Place, Cooper Hotel) operates in the same luxury hotel segment, though Hilton is a far broader multi-brand enterprise while Beemok is a regional single-owner operator.
• Synchrony Financial: Synchrony is one of the largest private-label and co-brand credit card issuers in the U.S. It is comparable because it operates a credit card business at scale serving non-prime and store-card consumers, though Synchrony focuses on partner-branded cards rather than Credit One's direct-to-consumer monoline model.
• Capital One Financial: Capital One is one of the largest U.S. credit card issuers and a broad incumbent serving both prime and non-prime consumers. It is comparable because it operates the credit card business at scale that Credit One Bank competes in, although Capital One is a diversified, publicly traded bank with broader product lines.
• Discover Financial Services: Discover is a major U.S. credit card issuer with a direct-to-consumer card business and a payments network. It is comparable because it competes in the same credit card issuance category as Credit One Bank, though Discover's customer base skews more prime and it operates a closed-loop payments network.

Direct peers

• OneMain Holdings: OneMain is the largest U.S. installment lender to non-prime consumers, with operations closely aligned to Credit One Bank's mission of serving credit-challenged households. Both companies focus on extending credit to subprime borrowers who lack access to mainstream bank products.
• First Premier Bank: First Premier Bank is a private, monoline issuer specializing in credit cards for subprime and deep-subprime consumers—a near-identical business model to Credit One Bank. It is directly comparable because both target the same customer segment with similar fee-based and interest-based revenue models.
• Sherman Financial Group: Sherman Financial Group, also founded and led by Benjamin Navarro, is the majority owner of Credit One Bank. It is the closest peer because it controls the operating entity (Credit One Bank) that drives the largest share of Beemok's value, with overlapping leadership and shared strategic direction.

Emerging players

• Mission Lane: Mission Lane is a fintech-focused credit card issuer targeting consumers with fair or no credit. It is comparable because it serves the same non-prime segment as Credit One Bank but with a more digitally-native, lower-fee product approach, representing an emerging competitive threat.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/beemok-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries23 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Beemok Capital