Kaskela Law LLC is investigating the proposed buyout of Soho House & Co Inc. shareholders to determine if the transaction is fair. The law firm claims that the deal has significant conflicts of interest and that the consideration offered to minority shareholders is unfair. The deal involves Soho House being acquired by an investment group led by MCR at $9.00 per share in cash.
Kaskela Law LLC has initiated an investigation into the fairness of the proposed buyout of Soho House & Co Inc. (NYSE: SHCO) shareholders. The law firm alleges significant conflicts of interest and an unfair consideration for minority shareholders [1]. The investigation is prompted by the recent announcement of a $9.00 per share cash buyout by an investment group led by MCR.
The buyout, which was announced on August 18, 2025, has raised eyebrows due to the alleged conflicts of interest. Kaskela Law LLC has discovered that the Executive Chairman of Soho House, Ron Burkle, will roll over his equity stake into the new privately-held company post-close. Meanwhile, minority stockholders will be cashed out at just $9.00 per share, receiving no future upside in the company [1].
Halper Sadeh LLC, another prominent investor rights law firm, has also initiated investigations into Soho House & Co Inc. and WideOpenWest Inc. The firm is considering increased consideration for shareholders and additional disclosures [2]. This broader review includes the acquisitions of Dayforce (NYSE: DAY) and Verint Systems (NYSE: VRSK) by private equity firms.
The proposed acquisition by MCR is part of a larger strategic review by Soho House, which launched its IPO at $14.00 per share in 2021 and reached a peak of $17.00 per share in 2023. The current offer of $9.00 per share represents an 83% reward on the 18 December 2024 closing price, with an enterprise value of $2.7 billion [3].
Shareholders are encouraged to contact Kaskela Law LLC or Halper Sadeh LLC to discuss their legal rights and options. Both firms are acting on a contingent fee basis, meaning they will only receive compensation if they successfully obtain increased consideration, additional disclosures, or other relief for shareholders.
References:
[1] https://www.prnewswire.com/news-releases/buyout-investigation-notice-kaskela-law-llc-announces-investigation-of-soho-house--co-inc-nyse-shco-stockholder-buyout-and-encourages-investors-to-contact-the-firm-to-discuss-their-legal-rights-and-options-302543296.html
[2] https://www.ainvest.com/news/halper-sadeh-investigates-soho-house-wideopenwest-mergers-shareholder-rights-2509/
[3] https://bebeez.eu/2025/09/01/soho-house-close-to-completing-a-2-7-billion-us-dollars-delisting-that-mcr-investors-and-ashton-kutcher-lead/
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