Soho House, a public company, is going private in an acquisition by MCR Hotels. New leadership includes Neil Thomson as CFO and Tyler Morse and Ashton Kutcher joining the Board of Directors.

The deal values Soho House at $2.7 billion, offering shareholders $9 per share, an 18% premium. Soho House stock rose 16% to $8.83 after the announcement.

MCR Hotels, with 150 hotels across 37 states, is acquiring Soho House. Soho House’s global network of 46 “Houses” will be added to MCR’s portfolio.

Soho House CEO Andrew Carnie emphasizes the company’s growth since its IPO in 2021, with consistent double-digit revenue growth. Going private will build on this momentum with strong partners.

MCR Chairman and CEO Tyler Morse sees the acquisition as a chance to combine operational expertise with Soho House’s distinctive brand. The goal is to drive sustainable international growth and uphold Soho House’s cultural foundation.

Soho House’s latest earnings report shows nearly 9% revenue growth to $330 million in Q2 2025. Despite this, shares are down almost 30% since going public.

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Read more at Yahoo Finance: Here’s how much investors will get paid as chain goes private in $2.7 billion deal