Bluegreen Vacations, which sells timeshares and manages resorts in top leisure and urban destinations, filed on Monday with the SEC to raise up to $100 million in an initial public offering.
The primary shareholder is BBX Capital with a 100% pre-IPO stake.
The Boca Raton, FL-based company was founded in 1966 and booked $668 million in sales for the 12 months ended June 30, 2017. It plans to list on the NYSE under the symbol BXG. Bluegreen Vacations filed confidentially on August 17, 2017. Stifel and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.
