06:17 AM EDT, 08/18/2025 (MT Newswires) -- Soho House ( SHCO ) said Monday it has signed agreements to be taken private by an investor group led by MCR Hotels and its chief executive, Tyler Morse, in a deal representing a total enterprise value of roughly $2.7 billion.

Shareholders of Soho House ( SHCO ) will receive a payout of $9 per share, the company said.

Soho House's ( SHCO ) Executive Chairman Ron Burkle and the Yucaipa Companies will roll their controlling shareholding in the company and retain majority control of the business, it said.

Apollo Global Management (APO) will support the deal by providing additional debt in the form of debt and equity, Soho House ( SHCO ) said. The WSJ had previously reported that Apollo will provide more than $700 million in equity and debt financing to help close the deal.

The deal is expected to close by the end of 2025, Soho House ( SHCO ) said.