Added to YB: 2025-01-08
Pitch date: 2025-01-06
SHCO [bullish]
Soho House & Co Inc.
+15.97%
current return
Author Info
Clark Street Value is a special sits/event-driven investor. Sign up for the newsletter.
Company Info
Soho House & Co Inc. operates a global membership platform of physical and digital spaces that connects a group of members in the United Kingdom, the Americas, Europe, and internationally.
Market Cap
$1.7B
Pitch Price
$7.70
Price Target
9.00 (+1%)
Dividend
N/A
EV/EBITDA
12.63
P/E
-21.77
EV/Sales
3.18
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Soho House & Co: Go-Private Transaction
SHCO: Private club co. w/ 45 locations, 200k+ members. $9/share offer from unnamed consortium, 18% upside. Burkle (47% owner) supports. Accounting issues, but real biz unlike 23andMe. 75% insider ownership likely to take private. Q3 delayed, controls issues. $1.5B mkt cap, 2-4 new clubs/yr.
Read full article (5 min)