Soho House will return to private ownership in a $2.7 billion deal led by MCR Hotels, offering shareholders $9 per share, nearly 18% above the last close. The agreement, which lifted shares more than 15%, will see Ashton Kutcher join the board and Neil Thomson step in as Chief Financial Officer as the club operator seeks stability after a turbulent public run.
The project will rise on the former site of the Shin-Yurakucho Building, reimagining the location as a dynamic hub where art, fashion, food, and hospitality converge.