News

Kutcher is leading a consortium of investors who are part of a $2.7 billion deal to take high-end membership club Soho House ...
MCR Hotels is leading a group of investors to take members-only club operator Soho House private for about $1.8 billion, the ...
The company behind the boutique hotel and private club brand will also get an equity infusion from investors led by Ashton ...
Hotel giant MCR Hotels is leading the takeover, offering $9 a share for Soho House’s outstanding stock — a premium over ...
Soho House plans to go private again after four years on Wall Street. The luxury members club operator has struck a deal with ...
Soho House member's clubs will go private via an affiliate of Yucaipa in a deal valuing it at about $1.8 billion, the company ...
Soho House is going private in a $2.7-billion deal led by New York-based MCR Hotels, capping a turbulent market run and ...
Private members club operator Soho House is going private in a deal worth $2.7 billion that will pay out investors at $9 per ...
MCR acquired the hotels between 2017 and 2020, and subsequently invested $65 million to renovate and modernize the portfolio, while also implementing a detail-oriented, data-driven approach to ...
MCR acquired the 16 hotels — totaling 2,274 guestrooms — primarily in 2020 and 2021. Spread across 11 states, the portfolio is concentrated in high-growth markets, including Texas, North ...
Last year, MCR acquired the Sheraton New York Times Square from Host Hotels & Resorts for $356 million. It was a tough break for the seller, as the 1,780-key hotel last sold in 2006 for $738 million.
Soho House to go private in $2.7 billion deal led by MCR Hotels, with Apollo, Goldman Sachs, and Ashton Kutcher backing the ...