Soho House is being taken private in a deal led by MCR Hotels for ~$2.7B. Some notes: • Price is 83% premium to trading price at offer time • ~$1.2B in revenue in the last twelve months • Gross Margins of 48% and EBITDA margins of 10% • 270K members, ~$4.5K total ACV/member • 100K members on waitlist, 46 total houses • Apollo contributing $850m of debt and equity to finance deal