Owner of private members’ club Soho House files for IPO in New York
The pandemic-hit Membership Collective Group, which hasn’t turned a profit, plans to use proceeds to pay down debt
21 June 2021 - 22:26
Membership Collective Group (MCG), the company behind the trendy Soho House members clubs, has filed for an initial public offering on the New York Stock Exchange.
The firm, which owns 28 Soho House clubs around the world, plans to list its class A common stock under the symbol MCG, according to a statement on Monday. Its portfolio also includes nine workspaces in London, Los Angeles and New York and home-décor retailer Soho Home...
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