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In a bold move reflecting both market consolidation and a return to exclusivity, Soho House & Co Inc. (NYSE: SHCO) is set to go private once again. The iconic global membership club—founded in London in 1995—has announced a $2.7 billion deal that will see the brand exit the public markets and enter a new phase of growth under private ownership. A group of investors led by MCR Hotels and its Chairman and CEO Tyler Morse will acquire all outstanding public shares, paying $9.00 per share in cash—an 83% premium on the December 18, 2024 closing price.
Despite this shift in ownership, majority control of Soho House remains with billionaire Ron Burkle and his Yucaipa Companies, ensuring a level of continuity in the brand’s strategic direction. This marks a turning point