Hilton Grand Vacations, a global timeshare company, completed the acquisition of Bluegreen Vacations, a vacation ownership company that markets and sells vacation ownership interests and manages resorts in popular leisure and urban destinations, for $1.5bn. “Today represents an ending as well as a beginning as the combination of Bluegreen Vacations with HGV creates a compelling vacation ownership offering. I am extremely proud of our wonderful management team and all of our associates whose hard work and dedication led us to this momentous achievement; one which comes after the highest sales year in the Company’s history. This transaction is a testament to our highly talented associates who helped build Bluegreen Vacations into a leading vacation ownership company," Alan B. Levan, Bluegreen Vacations Chairman and CEO.