SOHO HOUSE OFFICIALLY GOES PRIVATE IN $2.7B deal — Quick Facts
Soho House completes merger after dramatic funding crisis, MCR secures control of luxury club empire with $300M fresh equity injection on January 26, 2026
Key Data Points
- MCR Hotels completed $2.7 billion takeover on January 26, 2026, after securing $200 million alternative financing to replace MCR Hospitality Fund IV's withdrawn commitment
- Shareholders received $9 per share cash payout, an 83% premium to December 2024 prices, while 99.15% of voting power approved the merger on January 9
- New capital structure includes $220 million unsecured notes and $695 million secured facility, funding global expansion to 50th location milestone in 2026
Frequently Asked
- When did Soho House go private in the MCR Hotels deal?
- Soho House officially completed its return to private ownership on January 26, 2026, when MCR Hotels finalized the $2.7 billion takeover after securing alternative financing.
- How much did Soho House shareholders receive per share?
- Soho House shareholders received $9.00 per share in cash, representing an 83% premium to the unaffected share price from December 2024.
- What happened to MCR Hospitality Fund IV's commitment?
- MCR Hospitality Fund IV withdrew its previously committed $200 million equity purchase on January 5, 2026, but the deal was saved when alternative financing was secured on January 13-14, 2026.
- What was the shareholder approval vote percentage for the Soho House merger?
- Shareholders approved the merger agreement on January 9, 2026, with 99.15% of roughly 1.47 billion potential votes represented at the meeting voting in favor.
- What is Soho House's expansion target after going private?
- Soho House plans to expand to its 50th location milestone in 2026, funded by the new capital structure that includes $220 million in unsecured notes and a $695 million secured facility.