Soho House agrees to go private again in a deal led by hotel giant MCR
August 18, 2025
Soho House plans to go private again after four years on Wall Street. The luxury members club operator has struck a deal with an investor group led by hotel giant MCR. The group will buy its outstanding shares for $9 each in cash. Soho House’s Executive Chairman Ron Burkle and other major shareholders will roll over their stakes and retain control of the business. The deal implies a total enterprise value of roughly $2.7 billion, including debt. Soho House expects to complete the transaction by the end of 2025, pending regulatory approval. Among other big names to join Soho House’s future leadership is actor and now tech investor Ashton Kutcher, who is set to join the company’s board following the deal’s completion.