BBX Capital Corporation (NYSE: BBX) was founded in 1980, formerly known as BFC Financial Corporation, headquartered in Fort Lauderdale, Florida, USA, with 7,185 full-time employees. It is a private equity and venture capital company specializing in the investment and acquisition of middle-market companies .
BBX Capital Corporation (BBX):
BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) is a diversified holding company located in Florida. Its assets and businesses include approximately 93% of its ownership in Bluegreen Vacations Corporation (NYSE: BXG) as well as real estate and intermediate markets department.
Bluegreen Vacations Corporation (Bluegreen Vacations Corporation) is a leading vacation ownership company responsible for marketing and selling vacation ownership interests (VOI) and managing vacation resorts in popular leisure and urban destinations. Bluegreen Vacation Club is a flexible, points-based vacation ownership plan. As of March 31, 2020, there are approximately 221,000 members, 68 clubs and club resorts, and through partners and exchanges Internet access to more than 11,350 other hotels and resorts. Bluegreen Vacations also provides a comprehensive portfolio of fee-based resort management, finance, and sales and marketing services to third parties or on behalf of third parties. BBX Capital Corporation owns approximately 93% of Bluegreen.
BBX Capital Corporation is a private equity and venture capital company specializing in the investment and acquisition of middle market companies. The company also invests in mergers and acquisitions, additional acquisitions, divestitures, privatization of listed companies and listing of private companies, leveraged buyouts, partnerships, capital restructuring and restructuring. The company seeks to invest in a wide range of industries, from services to manufacturing. BBX Capital Corporation is generally more willing to acquire a controlling interest in its portfolio companies, and may also consider minority equity investments.
BBX Capital Corporation is a diversified holding company, and its main holding subsidiary is Bluegreen Corporation. BBX Capital Corporation participates in the acquisition, ownership and management of joint ventures, investment in real estate and real estate development projects, and the acquisition, investment and management of middle market operations through the real estate and middle market divisions.
In the history of BBX Capital Corporation’s investment, companies in many industries have been involved in and acquired, including: financial services, retail brokerage and investment banking, timeshare, real estate, etc. As of 2020, some of its subsidiaries and divisions include Bluegreen Corporation , Hoffman’s Chocolates, BBX Capital Real Estate, Renin Corp. and BBX Sweet Holdings.
In 2016, BBX Capital also joined the ranks of MOD Pizza franchisees, with the aim of opening 60 MOD Pizza franchise stores in Florida.