Aug. 19 at 10:07 AM
Shares of holding company
$SHCO based in the U.K. rose +14.92% on Monday at
$8.78, as a group of investors led by MCR Hotels set plans to take Soho House private in a deal valued at around
$2.7 billion & set to close by year-end. Shareholders will get
$9 per share, which reflects nearly 18% upside compared with where it ended last week. It caps a turbulent market run & financial struggles that erased nearly half of the high-end members club operator's value since its 2021 debut. Actor & tech investor Ashton Kutcher will also join Soho's board, following the deal, & hospitality veteran Neil Thomson will succeed Thomas Allen as chief financial officer immediately. The stock is up +37.62% in the past month, +17.85% in 2025 & +49.07% y/y. with a market cap of
$1.71B.