Soho House plans to go private again after four years on Wall Street. The luxury members club operator has struck a deal with an investor group led by hotel giant MCR.

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

A group of investors led by one of the country’s biggest hotel owners is nearing a deal to take Soho House private, ending a monthslong contest over the fate of the giant members’ club operator.Billionaire Ron Burkle,