March 18 (Reuters) - CC Capital, the investment firm led

by former Blackstone executive Chinh Chu, is one of the

suitors in talks to take members club operator Soho House ( SHCO )

private, according to people familiar with the matter.

The talks with CC Capital have been on and off since late

last year, and a deal is uncertain, the sources said. Soho said

on Feb. 9 that it had formed a special board committee to

explore taking the company private.

Soho Executive Chairman Ron Burkle's investment firm Yucaipa

and Soho founder Nick Jones collectively own about

three-quarters of the company.

Burkle in an open letter to Soho shareholders on Monday said

he would be rolling his stake in a deal and that the stock

market, which values Soho at about $1.8 billion, including debt,

is not giving the company its true worth. Soho's stock has lost

more than 55% of its value since the company floated its shares

in New York in 2021.

The sources asked not to be identified because the matter is

confidential. Soho House ( SHCO ) did not immediately respond to a

request for comment, while CC Capital declined to comment.

Soho was started by Jones in 1995 on London's Greek Street

above his restaurant, Cafe Boheme, as a meeting place for

creative people. Its portfolio now includes Soho Houses in

Amsterdam, Tel Aviv and Mumbai, The Ned in London and the

Scorpios Beach Club in Mykonos.

In its most recent quarterly results announced last week,

Soho House ( SHCO ) reported a loss of 29 cents per share and forecast

full-year revenue below market expectations.

Launched by Chu in 2016, CC Capital has invested in

companies such as Getty Images, software firm E2open,

and salty snacks maker UTZ Brands ( UTZ ).