Exclusive: Irish company to sell Racing Post for substantial profit

Exponent Private Equity understood to have emerged as the preferred bidder

The Racing Post is understood to be very profitable

The Racing Post, the horseracing industry bible, is set to be sold on by its Irish owners for a substantial profit less than two years after the title’s €180 million debt was bought back at a discount by its owners.

Exponent Private Equity, which has previously looked at buying the business, is understood to have emerged as the preferred bidder for the business owned by Stradbrook Acquisitions.

A process to sell the Racing ...