Soho House has finalized a $2.7 billion deal to transition from a public company to a private entity. This decision follows several challenging years since its listing on the New York Stock Exchange. MCR Hotels will lead the investment alongside other equity investors, with prominent figures including Ashton Kutcher joining the board. Existing major stakeholders, like Ron Burkle and Richard Caring, will maintain their shares. The deal offers a significant premium to recent share prices, valuing the company at approximately $2.7 billion, including debt.
Soho House has reached a $2.7bn agreement to go private after challenges as a public company. MCR Hotels spearheads the new equity investment.
Actor Ashton Kutcher will join the Soho House board, alongside MCR's CEO Tyler Morse as vice-chair. Existing stakeholders will retain their shares.
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