Soho House agrees $2.7bn take-private deal; Ashton Kutcher to join board

Soho House agreed to be taken private by an investor group led by hotel company MCR in a deal valuing the members' club at roughly $2.7 billion including debt, at $9 per share in cash. Actor and investor Ashton Kutcher will join the board on completion, and MCR CEO Tyler Morse becomes vice chairman; the deal removes Soho House from the NYSE. At the time the company reported over 270,000 members across 46 locations.