Soho House is going private again. The operator of private members’ clubs, Soho House went public in 2021. As part of the private deal, Soho House sale will be to New York-based MCR Hotels who will acquire publicly traded shares. Though major control of the Soho House & Co. shall remain with the founder Nick Jones and Executive Chairman Ron Burkle, along with his investment firm.
The London-based Soho House has agreed to sell at a valuation of $2.7 billion including debt. The Soho House acquisition adds a new chapter to the company’s evolution, credited with redefining private clubs where members pay thousands each year to dine, drink, and mingle with peers of similar wealth.
Soho House sale 2025
Since the past few years Soho House an A-listers club has experienced a sharp decline in share value. As per report, the company has struggled to turn a profit despite growth in membership and revenue.
The Soho House buyout shall see the shareholders getting $9 per share. Actor and investor Ashton Kutcher will join Soho’s board following the private deal.
In a statement, Andrew Carnie chief executive officer of Soho House, said, “Returning to private ownership enables us to build on this momentum, with the support of world-class hospitality and investment partners.”
Soho House buyout explained
Since its going public in 2021, Soho House has battled a number of challenges with investors questioning its business model. Though it has reported quarterly profits for 2025, the company has lost money for most of its existence as a public company.
As per critics Soho House is unable to pursue growth and it now has 46 Soho House locations, as well as other branded clubs, workspaces and hotels, around the world and had more than 270,000 members as of June 30 but that strategy threatens its image of exclusivity.
Soho House acquisition deal at $9 per share
Founded in London in 1995 by restaurateur Nick Jones as a gathering place for creative individuals, Soho House has grown into a global network of 46 clubs across Europe, North America, and Asia.
Earlier this year, hedge fund Third Point, led by activist investor Daniel S. Loeb, pushed the company to explore alternative bidders in hopes of securing a higher valuation.
Under the finalized transaction, a consortium of investors led by MCR Hotels, which is one of the largest hotel operators in the U.S., agreed to acquire Soho House at $9 per share.
Soho House stock
Soho House’s stock is soaring as high as 16% in premarket trading on Monday after the announcement of its plans to go private, closing at $8.76, but well below the $14 a share during its IPO.
Soho House getting refinancing support
Apollo Global Management is assisting Soho House in refinancing roughly $700 million in debt issued shortly before its IPO, while also contributing equity to the transaction.
Several existing shareholders, including Ronald Burkle, the billionaire who controls the company; founder Nick Jones; and Goldman Sachs Alternatives will roll their holdings into the new entity.
Actor and investor Ashton Kutcher is also putting money into the deal and will join the Soho House board.
As per CEO Andrew Carnie, the deal provides “the support of world-class hospitality and investment partners” as the company pursues further global expansion.
