Soho House stock jumps 16% today: Here’s how much investors will get paid as chain goes private in $2.7 billion deal

Soho House, a hotel and private club chain, is a public company “nomo.” It’s going private in an acquisition by MCR Hotels, and is also adding some new names to its leadership team.

The company first went public in 2021. Along with Monday’s announcement of the deal with MCR Hotels, the company said Neil Thomson will become the new CFO, and MCR’s chairman and CEO Tyler Morse will join its Board of Directions, as will Ashton Kutcher, an actor who’s gone on to become a prominent investor.

The deal has reportedly been brewing since December, and values Soho House at about $2.7 billion. Shareholders will receive $9 per share, which is a premium of 18% over Friday’s closing price.

On Monday, Soho House stock rose 16% to $8.83 after news of the deal.

MCR Hotels operates 150 hotels in 37 states, including the TWA Hotel, Gramercy Park Hotel, Pasadena Hotel & Pool, and High Line Hotels in New York City, where Soho House New York is located. Soho House’s global network comprises 46 “Houses,” which will be added to the mix.

“Since our IPO in 2021, we’ve focused on building a stronger, more resilient business,” Andrew Carnie, Soho House’s CEO said in a statement. “Against a backdrop of challenging economic conditions and global uncertainty, from 2022-2024 we delivered consistent, disciplined growth with revenue increasing at an average annual rate of double digit growth.”

“Returning to private ownership enables us to build on this momentum, with the support of world class hospitality and investment partners,” Carnie continued.

Morse said that “MCR’s investment in Soho House represents a strategic opportunity to combine our operational expertise with one of the most distinctive brands in hospitality. Our shared goal is to safeguard the member experience, drive sustainable international growth for House members, and protect and expand the cultural and creative foundation that has made Soho House a global industry leader.”

In recent months, Soho House has put up solid numbers. Its latest earnings report, which came out earlier this month, showed total revenue for the second quarter of 2025 growing nearly 9% year-over-year to roughly $330 million. However, since the company went public, its shares are down almost 30%.