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The Independent UK
The Independent UK
National
Wyatte Grantham-Philips

Soho House agrees to go private again in a deal led by hotel giant MCR

Soho-House Private - (Copyright 2024 The Associated Press. All rights reserved.)

After a shaky four years on Wall Street, Soho House is ready to go private again.

The luxury members club operator has struck a deal with an investor group led by hotel giant MCR, which will buy its outstanding shares for $9 each in cash. Soho House's Executive Chairman Ron Burkle and other big shareholders will roll over their stakes and retain control of the business, per a Monday announcement from the company.

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