Since going public in 2021, Soho House – an upscale private members’ club frequented by A-listers, musicians, artists and other celebrity-adjacent individuals – has experienced a sharp decline in share value. The company has struggled to turn a profit despite growth in membership and revenue, according to Reuters.

Ashton Kutcher must really love Soho House. A group of investors including the A-lister has agreed to take the company that operates swanky members’ clubs private again in a deal worth approximately $2.