Burkle Deals Keep Coming

Before the ink could dry on a recent deal with Artist Group International, billionaire investor Ron Burkle’s Yucaipa Companies snapped up a majority stake in the Soho House Group, which runs a line of luxury clubs.

The deal reportedly included a $383 million investment and will help finance international expansion for Soho House, which is looking to open clubs in cities including Mumbai, Istanbul, Toronto and Chicago.

The Soho House agreement isn’t the end of recent deals for Burkle, who’s known for building then selling supermarket chains, and as a potential buyer of the Los Angeles Dodgers.

Yucaipa also recently announced the merger of Burkle and investment partner Magic Johnson’s Vibe and Uptown magazines with BlackBook Media and The Access Network Company, which licenses database software to media companies.