Finance
Soho House members' club nearing a deal to go private, WSJ reports
Published by Global Banking & Finance Review®
Posted on August 18, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on August 18, 2025
2 min readLast updated: January 22, 2026
Soho House is close to a $1.8 billion private deal led by MCR Hotels, offering a 17.8% premium to shareholders. Apollo Global Management to provide financing.
(Reuters) -A group of investors led by New York-based MCR Hotels is nearing a deal to take members' club operator Soho House private, the Wall Street Journal reported on Sunday, valuing the group at $1.8 billion.
Soho House shareholders will receive $9 per share - a 17.8% premium to the closing price of $7.64 on Friday. The company is currently valued at $1.49 billion.
The deal value is based on the company's more than 195 million outstanding shares.
Billionaire Ron Burkle, who is a controlling shareholder, is expected to roll over his stake, along with several other shareholders, the Journal said.
Apollo Global Management is expected to provide more than $700 million in equity and debt financing for the deal, WSJ said.
Soho House, MCR Hotels and Apollo did not immediately respond to Reuters' request for comments outside business hours.
Daniel Loeb, who runs hedge fund Third Point, in January urged SoHo House directors to run a "fair" sales process and consider other potential bidders after the hospitality group received a take-private offer late last year.
(Reporting by Disha Mishra in Bengaluru; Editing by Sonia Cheema)
Soho House shareholders will receive $9 per share, which represents a 17.8% premium to the closing price of $7.64 on Friday.
The investment group is led by MCR Hotels, based in New York.
Apollo Global Management is expected to provide more than $700 million in equity and debt financing for the acquisition.
Soho House is currently valued at $1.49 billion based on its more than 195 million outstanding shares.
Daniel Loeb urged Soho House directors to run a 'fair' sales process and consider other potential bidders after the hospitality group received a take-private proposal.
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