Soho House Backers Led by Burkle Invest $100 Million, Sky Says
The rooftop pool of the Soho House New York.
Photographer: Busà Photography/Moment Unreleased via Getty Images
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Private members’ club Soho House has secured a $100 million investment from new and existing shareholders, Sky News reported, citing people familiar with the matter. The round was led by Ron Burkle, billionaire businessman and the company’s largest investor.
The funding values Soho House at $2 billion, Sky reported, meaning the firm has kept the valuation it achieved in last year’s funding round, despite coronavirus lockdowns that have shut bars and entertainment venues around the world.