Simpson Thacher is representing Hilton Grand Vacations Inc. (NYSE: HGV), in connection with its announced acquisition of Bluegreen Vacations Holding Corporation (NYSE: BVH) in an all-cash transaction, representing total consideration of approximately $1.5 billion, inclusive of net debt. The transaction is expected to close during the first half of 2024 and is subject to customary closing conditions and regulatory approvals.~~Hilton Grand Vacations Inc. is recognized as a leading global timeshare company and is the exclusive vacation ownership partner of Hilton. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets, and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. Hilton Grand Vacations has a reputation for delivering a consistently exceptional standard of service, and unforgettable vacation experiences for guests and more than 525,000 Club Members.~~Bluegreen Vacations Holding Corporation is a leading vacation ownership company that markets and sells vacation ownership interests and manages resorts in popular leisure and urban destinations.~~The combination will broaden HGV’s offerings, customer reach and sales locations creating a premier vacation ownership and experiences company. The acquisition is also expected to expand and diversify HGV’s lead flow through Bluegreen Vacations’ world-class partnerships, including an exclusive marketing agreement with Bass Pro Shops and its unique base of dedicated outdoor lifestyle enthusiasts.~~The Simpson Thacher team included Jonathan Corsico, John Dougherty and Lawrence Ekin (M&A); Sophie Staples, Edward Grais and Shareef Salfity (Tax); Brian Gluck and Patrick Wolff (Credit); Jonathan Ozner, Benjamin Pittenger and David Turitzin (Capital Markets); and Sara Razi and Preston Miller (Antitrust).