Soho House to Be Taken Private in $2.7B Deal
Deal News | Aug 18, 2025 | Fried Frank
In a strategic shift, Soho House, a prominent hospitality group listed on NYSE under the ticker SHCO, is set to transition from a public to a private entity through a definitive agreement valued at $2.7 billion. The privatization process will enable Ron Burkle, Executive Chairman, and The Yucaipa Companies LLC to consolidate their controlling equity interests, securing a majority stake in the business moving forward. The legal advisory for this transaction was provided by Fried Frank, with a team led by partners Alison McCormick and Philip Richter, who represented the Special Committee of Soho House. This move signals a significant development in the hospitality sector, underscoring the strategic maneuvers by key players in equity capital to reshape their business architecture.
Sectors
- Hospitality
- Private Equity
- Legal Services
Geography
- United States – Soho House & Co. Inc. is listed on the NYSE, and Fried Frank, a U.S.-based law firm, provided legal counsel on the deal.
Industry
- Hospitality – Soho House operates in the hospitality industry, offering exclusive club services and facilities around the world.
- Private Equity – The involvement of Ron Burkle and Yucaipa Companies LLC signifies the participation of private equity interests in this transaction.
- Legal Services – Fried Frank's role as legal counsel highlights the importance of legal advisory services in major corporate transactions.
Financials
- $2.7 billion – The total value of the deal to take Soho House private.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Soho House & Co. Inc. | Target | Company | A hospitality company operating exclusive members-only clubs around the globe, currently publicly listed. |
| Fried Frank | Legal Advisor | Company | Provided legal counsel to the Special Committee of Soho House in the privatization agreement. |
| Ron Burkle | Executive Chairman | Person | The Executive Chairman of Soho House, involved in increasing equity control post-privatization. |
| Yucaipa Companies LLC | Buyer | Company | Investment company led by Ron Burkle, maintaining a controlling stake in Soho House. |