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New Deal


Announced

Raycliff Capital to invest $100m in Soho House.

Financials

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Transaction Value£78m
Consideration TypeCash
Capital Owned-
Capital Bid For5%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Single Bidder

private clubs

Acquisition

Friendly

Recreational Services

Pending

United Kingdom

Private Equity

Minority

Synopsis

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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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