The private members' club chain is returning to private ownership after four years on the New York Stock Exchange.

Soho House is going private in a $2.7-billion deal led by New York-based MCR Hotels, capping a turbulent market run and financial struggles that erased nearly half of the high-end members club operator's value since its 2021 debut.

Soho House, the global private members’ club brand renowned for cultivating creative communities in stylish spaces worldwide, is set to return to private ownership in a landmark $2.7 billion deal. The acquisition—led by New York-based MCR Hotels,