Hilton Grand Vacations Completes Acquisition of Bluegreen Vacations
Hilton Grand Vacations Inc. (NYSE:HGV) (“HGV” or “the Company”) today announced that it has completed the previously disclosed acquisition of Bluegreen Vacations.
- Hilton Grand Vacations Inc. (NYSE:HGV) (“HGV” or “the Company”) today announced that it has completed the previously disclosed acquisition of Bluegreen Vacations.
- The all-cash transaction, with total consideration of approximately $1.5 billion, inclusive of net debt, broadens HGV’s offerings, customer reach and sales locations, creating a premier vacation ownership and experiences company.
- “I’m thrilled to welcome Bluegreen Vacations to the HGV family, uniting two highly complementary businesses to further scale and diversify our best-in-class offering,” said Mark Wang, president and CEO of Hilton Grand Vacations.
- “This combination adds approximately 200,000 members and expands our resort portfolio to nearly 200 properties in 14 new geographies and eight new states.