Ashton Kutcher will join the board of the company, an operator of private clubs, which has faced criticism from investors over its business model.

The A-list actor-turned-tech investor Kutcher and MCR Hotels founder Tyler Morse will join the group’s board of directors as part of the deal

The private members' club chain is returning to private ownership after four years on the New York Stock Exchange.

Ashton Kutcher will join the board of the company, an operator of private clubs, which has faced criticism from investors over its business model.

Ashton Kutcher will be joining Soho's board following the deal, and the company named hospitality veteran Neil Thomson as CFO to succeed Thomas Allen.

Founded in 1995, Soho House has never turned a profit.