Ashton Kutcher joins board as Soho House buyout value climbs to $2.7bn
Ashton Kutcher joins board as Soho House buyout value climbs to $2.7bn
Kutcher is joining Soho House’s board as part of the new ownership structure, which includes founder Nick Jones, entrepreneur David Grutman, Yucaipa Companies founder Ron Burkle, and restaurateur Richard Caring. The revised valuation includes $700m of debt and reflects a significant uplift from the previously reported $1.8bn enterprise value.
The buyout marks a renewed chapter for Soho House, just three years after its New York Stock Exchange listing. The transaction comes as the members’ club operator seeks to re-focus on long-term value creation away from public market scrutiny.
Andrew Carnie, CEO of Soho House, said: “Returning to private ownership enables us to build on this momentum, with the support of world class hospitality and investment partners. I’m incredibly proud of what our teams have accomplished and am excited about our future, as we continue to be guided by our members and grounded in the spirit that makes Soho House so special.”
Rhône Group, an existing backer of the company, is leading the buyout, with the deal expected to close in the second half of the year. Following completion, Soho House will be delisted from the NYSE.
The addition of Kutcher, known for his tech investments and strategic advisory roles, highlights the new ownership’s ambition to combine cultural capital with operational growth. His appointment is expected to reinforce Soho House’s positioning at the intersection of lifestyle, hospitality, and innovation.
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