MCR Investors to acquire Soho House & Co at a $2.7bn valuation.

MCR Investors, a premier hotel management company, agreed to acquire Soho House & Co, the global membership platform that connects a vibrant, diverse, and international group of members, at a $2.7bn valuation. SHCO Executive Chairman Ron Burkle and the Yucaipa Companies will roll their controlling equity interests in the company and retain majority control of the business. Further new equity capital will be provided by a consortium of strategic investors led by prominent technology investor Ashton Kutcher, who will also join the Company’s Board of Directors following completion of the transaction.