New Boathouse Capital has advised the shareholders of Soho House, the clubs, restaurants and hotels group, on its sale to Richard Caring for £105m.  Following the sale, Soho House founder Nick Jones will remain as CEO of the business.  New Boathouse Capital also advised Nick Jones on the new shareholders’ agreement with Richard Caring.

Soho House was founded in 1995. Initially a private members club in Soho aimed primarily at those who work in the film and media industries, its business has broadened to encompass restaurants, hotels and spas. Soho House has an ambitious growth plan with club openings in the pipeline for Miami, Berlin, Chicago and Los Angeles.

ENDS

Notes to Editors

New Boathouse Capital has built its business on providing strategic advice to a core clientele of private owner-managed companies across a broad range of sectors, with a focus on long-term relationships. It was co-founded in 2000 by Peter Norris, and became a wholly owned subsidiary of independent merchant bank, Quayle Munro Holdings PLC, in July 2007 at which time Peter became CEO of the enlarged Group.

New Boathouse Capital advises on mergers and acquisitions, debt and equity financings, corporate restructurings and business strategy.  Its clients are generally privately-owned companies, often led by founder-entrepreneurs, ranging in size from start-ups to large trans-national corporations.  New Boathouse Capital has recently acted on transactions for the Virgin Group, Drillgreat (on the take private of Monsoon), Soho House, Duncton, Target Entertainment and Trainline.  It is based in London.

New Boathouse Capital is Authorised and Regulated by the Financial Services Authority.

For further information please go to www.newboathouse.co.uk and www.quayle.co.uk