Soho House & Co Inc. has entered into a definitive agreement for a take-private transaction.
Shareholders will receive $9.00 per share in cash, representing an 83% premium to the unaffected share price.
Existing shareholders like Ron Burkle and Yucaipa will retain majority control of the business.
Premium Offer
Shareholders to receive $9.00 per share, an 83% premium to the unaffected share price.
Investor Group
MCR-led investor group to acquire outstanding shares not held by significant shareholders.
New Equity Capital
Ashton Kutcher to provide new equity capital and join the Board of Directors.
- The transaction implies a total enterprise value of approximately $2.7 billion for Soho House & Co Inc.
- Prominent investors like Ashton Kutcher and strategic investors are showing confidence in the future of the company.
The take-private agreement marks a significant step for Soho House & Co Inc., reflecting the confidence of existing and incoming shareholders in the company's future.