05:40 AM EDT, 08/18/2025 (MT Newswires) -- Soho House ( SHCO ) shares were up over 13% in recent Monday premarket activity after media outlets reported that a group of investors led by New York-based MCR Hotels is close to reaching an agreement to take the company private.

Shareholders of Soho House ( SHCO ) are expected to receive a payout of $9 per share in a deal valued at about $1.8 billion, excluding debt, the WSJ report said Sunday, citing people familiar with the matter.

Soho House's ( SHCO ) current controlling shareholder, Ron Burkle, along with several other existing investors, is anticipated to roll over their stakes, the report said.

The report added that Apollo Global Management ( APO ) is expected to provide more than $700 million in equity and debt financing to help close the deal.

Soho House ( SHCO ), MCR Hotels, and Apollo Global Management ( APO ) did not immediately respond to requests for comment from MT Newswires.