Announced
Financials
Sources
Tags
Private
Single Bidder
private clubs
Acquisition
Friendly
Recreational Services
Pending
United Kingdom
Private Equity
Minority
Synopsis
Bippy Siegal’s Raycliff Capital agreed to invest $100m in Soho House, a hotel chain and group of private members' clubs originally aimed at those in the arts and media. The investment gave Raycliff Capital a 5% stake. The new funds will help aid growth plans. The company plans to open new sites in 2020 and 2021, including in London, Paris and Mykonos.
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