Soho House & Co. has agreed to be taken private by a consortium led by New-York-based hotel operator MCR Hotels in a transaction that pays shareholders $9 a share, a 17.8% premium to last Friday’s close. The price values the private-members-club operator’s equity at about $1.8 billion and implies an enterprise value of roughly $2.7 billion. Controlling shareholder Ron Burkle will roll over his stake, while Apollo Global Management is expected to supply more than $700 million in equity and debt financing, according to people familiar with the terms. The deal, which could be announced this week, caps a months-long strategic review that drew scrutiny from activist investor Dan Loeb’s Third Point, which had pressed the board to pursue higher offers. Soho House, founded in London in 1995 and listed in New York in 2021, operates more than 40 members-only clubs, hotels and restaurants worldwide. Completion of the take-private remains subject to customary approvals, including a vote by minority shareholders.