Investing in the ‘bible’ of UK and Irish horse racing
Deal size, September 2016
The Racing Post is a daily print and online newspaper publishing data, opinion and analysis on racing and other sports. The business serves a specialist community of racing enthusiasts, bettors and bookmakers as well as racing and bloodstock professionals. It also has a growing business-to-business division.
Exponent acquired The Racing Post from a consortium of private investors headed by FL Partners. Exponent partnered with the incumbent team, led by CEO Alan Byrne and Operating Chairperson Richard Segal.
We were attracted to the business by its unique position as the only scaled media brand dedicated to horse racing, as well as the opportunity to continue the digital transformation of the business.