SOURCE: BBX Capital Corporation

BBX Capital Corporation Logo

February 24, 2015 08:30 ET

BBX Capital Partners Names Nathan Dapeer a Principal With the Company

FORT LAUDERDALE, FL--(Marketwired - February 24, 2015) - BBX Capital Partners, a subsidiary of BBX Capital (NYSE: BBX), is pleased to announce the appointment of Nathan Dapeer to Principal of BBX Capital Partners. 

Mr. Dapeer joins BBX Capital Partners with more than seven years of private equity and investment banking experience where he concentrated on origination and execution of transactions and value creation initiatives at middle market companies. During this time, he finalized transactions across various industries including industrial, consumer, healthcare, distribution, education, and business services representing nearly $1 billion of transaction value.

"We are thrilled to have someone with Nathan's industry experience join our team, and help build the BBX Capital Partners platform and portfolio of brands," commented Jarett Levan, President of BBX Capital. 

Prior to joining BBX Capital Partners, Mr. Dapeer was an investment professional with South Florida middle market private equity firms Blue Sea Capital and Brockway Moran & Partners. Nathan began his career as an investment banker focused on mergers and acquisitions advisory with Harris Williams & Co. in Richmond, Virginia and as a founding member of the firm's first international office in London, England. Nathan grew up in Los Angeles, California and graduated from Northwestern University.

BBX Capital Partners invests in and acquires mid-market operating business in diverse industries.

About BBX Capital Corporation:BBX Capital (NYSE: BBX) is involved in the acquisition, ownership, management, joint ventures and investments in real estate and real estate development projects, as well as acquisitions, investments and management of middle market operating businesses. In addition, BBX Capital and its holding company, BFC Financial Corporation (OTCQB: BFCF), have a 46% and 54% respective ownership interest in Bluegreen Corporation. As a result of their ownership interests, BBX and BFC own 100% of Bluegreen. Bluegreen manages, markets and sells the Bluegreen Vacation Club, a flexible, points-based, deeded vacation ownership plan with more than 180,000 owners, over 60 owned or managed resorts, and access to more than 4,000 resorts worldwide.

As of September 30, 2014, BBX Capital had total consolidated assets of $382.1 million, shareholders' equity attributable to BBX Capital of approximately $309.7 million, and total consolidated equity of approximately $311.0 million. BBX Capital's book value per share at September 30, 2014 was $19.15.

Contact Information