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Soho House & Co (Membership Collective Group) Priced, NYSE: SHCO

Operates members-only luxury hotels and clubs under the Soho House brand.

Industry: Consumer Discretionary

Latest Trade: $5.66 0.00 (0.0%)

First Day Return: -9.6%

Return from IPO: -59.6%

Industry: Consumer Discretionary

The Membership Collective Group (MCG) is a global membership platform of physical and digital spaces that connects a vibrant, diverse group of members from across the world. These members use the MCG platform to both work and socialize, to connect, create, have fun and drive a positive change. The central pillar of MCG is Soho House, which drives the majority of our membership and revenue today. Since the opening of our first House in the Soho district of London in 1995, we have successfully identified the demand for a premium membership offering that caters to a progressive, creative and diverse global audience. Today, we believe our membership offering, consistently high standards of service, and our global footprint remain unparalleled. As of April 4, 2021, Soho House is a membership of more than 111,300 creative and loyal individuals. A Soho House membership offers access to a network of distinctive and carefully curated Houses, across North America, the United Kingdom, Europe and Asia, which serve as the cornerstone of our member experience. We enhance our member experience through our digital channels, including our app (the ‘SH.APP’) and our website. Our vision for the SH.APP has always been for it to be like having a House in your pocket. It’s our central destination for members to make bookings and payments, to connect with each other and access video content and podcasts — made for our members, by our members.
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IPO Data
IPO File Date 06/21/2021
Offer Price $14.00
Price Range $14.00 - $16.00
Offer Shares (mm) 30.0
Deal Size ($mm) $420
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/14/2021
Offer Price $14.00
Price Range $14.00 - $16.00
Offer Shares (mm) 30.0
Deal Size ($mm) $420
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Morgan Stanley
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Company Data
Headquarters London, United Kingdom
Founded 1995
Employees 4,815
Website www.membershipcollectivegroup.com

Soho House & Co (Membership Collective Group) (SHCO) Performance