Soho House, the exclusive members' club known for its stylish hotels and restaurants, is heading for a $2.7 billion private buyout. The deal, announced today, marks a significant shift for the company, returning it to private ownership.
Hotel giant MCR is leading the acquisition, signaling a strong investment in the hospitality sector. This move comes after a period as a publicly traded company.
Actor Ashton Kutcher is joining the Soho House board as part of the transaction, bringing his entrepreneurial expertise to the table. The acquisition is valued at approximately £2 billion (British pounds).
The transition is expected to allow Soho House to focus on its core membership model and expansion plans without the pressures of public markets. This represents a substantial investment in the brand's future.
