Soho House, the celebrity-studded members-only club where Prince Harry, Meghan Markle and Lady Gaga sip cocktails, is going private in a $2.7 billion deal, the company said Monday.

Hotel giant MCR Hotels is leading the takeover, offering $9 a share for Soho House’s outstanding stock — a 17.8% premium over Friday’s $7.60 close .

Soho shares shot up 15.5%, to $8.82, in early trading on Monday after the company’s announcement.

Actor and tech investor Ashton Kutcher will join Soho’s board following the deal, and hospitality veteran Neil Thomson will succeed Thomas Allen as chief financial officer effective immediately, according to Reuters. 4

Billionaire Ron Burkle, the controlling shareholder since 2012, will roll his majority stake into the new company, alongside other insiders,

See Full Page