London (PRWEB) January 24, 2012
Ashcombe Advisers and EME Capital have acted as joint financial advisers to Soho House on the sale of a majority stake to Yucaipa, the West Coast private equity firm founded by Ron Burkle. Founded in 1995, Soho House is a private members club associated with the film, media and creative industries. The business has grown organically, and now has over 26,000 members. In addition to the core private members clubs, it includes hotels, restaurants, cinemas and spas, across the UK, Europe and the US. Brands within the portfolio include Soho House, Cecconi’s, Pizza East, Cowshed and Townhouse hotels.The partnership between Yucaipa, Richard Caring and Nick Jones will support the business in its next phase of growth globally. Nick Jones, CEO of Soho House commented: “Ashcombe Advisers and EME have a deep and longstanding knowledge of our business. They were instrumental in helping deliver an excellent outcome for us.” Ashcombe Advisers is an independent M&A adviser whose partners have been advising the Soho House Group since 2000. It specialises in fulfilling the trusted adviser role for many entrepreneur led companies, and is prepared to invest in long term relationships with its clients across a range of industries. For more information please contact Simon Bullivant or Marc Mansfield, or visit our website at http://www.ashcombeadvisers.com EME Capital is a financial advisory firm authorised and regulated by the FSA and has offices in London, Paris and Dubai. EME Capital’s partners have many years of investment banking, capital markets and private equity experience between them. EME Capital specialises in providing high growth businesses with strategic, commercial and corporate finance advice and the sourcing and structuring of capital for direct private equity transactions. For more information please contact Justin Atkinson or Ahmad Salam, or visit our website at http://www.eme-capital.com.