Total amount raised
$220M
Latest funding date
2026-01-14
Location
What Is Soho House?
Soho House, founded in London, England, is a private members' club catering to individuals in the creative industries. The company operates globally, with locations in cities such as Los Angeles, Ibiza, and Berlin.
With a workforce of 5,001–10,000 employees, Soho House offers a range of amenities, including gyms, spas, pools, and restaurants. Members benefit from access to 48 houses in 19 countries and over 300 monthly events and experiences.
How Much Funding Has Soho House Raised?
- Post-IPO Debt (Go-Private)
- Amount Raised: USD 220,000,000 (senior unsecured HoldCo notes facility; part of a broader $915M new debt package including $695M senior secured OpCo notes)
- Date: January 2026
- Lead Investors: Apollo, Goldman Sachs Principal Investors
- Valuation at Round: USD 2,700,000,000 (implied enterprise value at merger closing)
- Motivation Behind the Round: To fund Soho House's go-private merger, refinance existing debt, and support continued global expansion under private ownership.
- Post-IPO Equity (Go-Private Equity Injection)
- Amount Raised: USD 200,000,000 (new equity: ~$100M from MCR Hotels/Morse Ventures, $100M from Momentum Solutions II)
- Date: January 2026
- Lead Investors: MCR Hotels, Morse Ventures (Tyler Morse), Momentum Solutions II (George Popstefanov)
- Valuation at Round: USD 2,700,000,000 (implied enterprise value)
- Motivation Behind the Round: To provide new equity capital as part of the go-private transaction, replacing MCR's original $200M commitment after it initially failed.
- Post-IPO Equity (Take-Private Agreement)
- Amount Raised: Not publicly disclosed (MCR committed to acquire ~15% of public shares at $9/share as part of the $2.7B take-private)
- Date: August 2025
- Lead Investors: MCR Hotels (lead acquirer), Ashton Kutcher (strategic investor consortium)
- Valuation at Round: USD 2,700,000,000 (implied enterprise value)
- Motivation Behind the Round: To take Soho House private, ending its NYSE listing and returning to private ownership.
- IPO
- Amount Raised: USD 420,000,000
- Date: July 2021
- Lead Investors: Public markets (NYSE, traded as Membership Collective Group, ticker MCG)
- Valuation at Round: USD 2,332,000,000
- Motivation Behind the Round: To reduce debt and finance global expansion of private members' clubs and hotels.
- Private Equity
- Amount Raised: USD 100,000,000
- Date: June 2020
- Lead Investors: Ron Burkle / Yucaipa Companies
- Valuation at Round: USD 2,000,000,000
- Motivation Behind the Round: To support operations and maintain the $2B valuation during the COVID-19 pandemic.
- Private Equity
- Amount Raised: USD 100,000,000
- Date: October 2019
- Lead Investors: Simon Property Group, Raycliff Capital
- Valuation at Round: USD 2,000,000,000
- Motivation Behind the Round: To expand its chain of hotels and private members' clubs globally.
- Debt Financing
- Amount Raised: GBP 375,000,000
- Date: April 2017
- Lead Investors: Permira Debt Managers (Permira Credit)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To refinance existing debt and support expansion plans.
- Debt Financing
- Amount Raised: Not publicly disclosed
- Date: January 2013
- Lead Investors: Permira Credit
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational growth and new projects.
- Private Equity
- Amount Raised: GBP 15,000,000
- Date: April 2005
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the business and open new locations.
Total Amount Raised: At least $220M in disclosed funding (Post-IPO Debt round per Crunchbase reference), with cumulative disclosed equity/debt raises across all rounds exceeding $1B when including the 2021 IPO ($420M), 2020 PE ($100M), 2019 PE ($100M), 2017 debt (GBP 375M / ~$481M), January 2026 HoldCo notes ($220M), and January 2026 equity ($200M).
Current Valuation: USD 2,700,000,000 (implied enterprise value at January 2026 go-private closing)
Key Investors
- MCR Hotels / Morse Ventures
- Details: MCR Hotels is one of the largest hotel owner-operators in the US, led by Chairman and CEO Tyler Morse. MCR led the $2.7B take-private of Soho House in 2025–2026, contributing $100M in equity via MCR Hospitality Funds and Tyler Morse's personal vehicle Morse Ventures.
- Investment Focus Areas: Hospitality, real estate, private members' clubs
- Notable Investments: Soho House (lead investor in go-private)
- Momentum Solutions II (George Popstefanov)
- Details: Momentum Solutions II, LLC is an investment vehicle controlled by George Popstefanov, which contributed $100M in equity to the Soho House go-private merger at closing in January 2026.
- Investment Focus Areas: Private equity, hospitality
- Notable Investments: Soho House (January 2026 go-private equity)
- Apollo
- Details: Apollo Global Management is a global alternative asset management firm. Together with Goldman Sachs Principal Investors, Apollo provided the $220M senior unsecured HoldCo notes facility and additional debt for the Soho House go-private transaction.
- Investment Focus Areas: Credit, private equity, real assets
- Notable Investments: Soho House (HoldCo debt), ADT, Caesars Entertainment
- Simon Property Group
- Details: Simon Property Group is a real estate investment trust (REIT) and the largest shopping mall operator in the U.S. It co-led the 2019 $100M private equity round alongside Raycliff Capital.
- Investment Focus Areas: Retail, real estate, hospitality
- Notable Investments: Taubman Centers, J.C. Penney, Forever 21
- Permira Credit
- Details: Permira Credit (formerly Permira Debt Managers) is a global investment firm focused on private debt. It has backed Soho House since 2013, providing an undisclosed debt facility that year and refinancing with a £375M facility in April 2017.
- Investment Focus Areas: Technology, consumer, healthcare, hospitality
- Notable Investments: Dr. Martens, Allegro, Klarna
- Ron Burkle's Yucaipa Companies
- Details: Yucaipa Companies, founded by billionaire Ron Burkle, has been the controlling investor in Soho House since acquiring a 60% stake in 2012. Burkle led the June 2020 $100M equity round and remains a majority rollover shareholder in the private company.
- Investment Focus Areas: Technology, hospitality, sports franchises
- Notable Investments: Airbnb, Uber, NHL's Pittsburgh Penguins
- Raycliff Capital
- Details: Raycliff Capital, founded by entrepreneur Bippy Siegal, focuses on high-growth investment opportunities. It co-invested in the 2019 $100M round alongside Simon Property Group.
- Investment Focus Areas: Real estate, hospitality, high-growth sectors
- Notable Investments: Specific notable investments are not publicly detailed.
What's Next for Soho House?
Soho House is poised for significant growth, with plans to double its global network of private members' clubs and hotels. New venues in cities like Paris, Austin, and Mykonos highlight the vast opportunities ahead. The launch of "Soho Works,"a global workspace chain, further diversifies their offerings and taps into the growing demand for co-working spaces.
Future fundraising efforts will likely be necessary to support these ambitious expansion plans. However, challenges such as managing substantial debt and differentiating "Soho Works"from competitors like WeWork could pose hurdles. Despite these challenges, the company's strong membership growth and diversified services position it well for continued success.
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