Turf Editions

French publisher of horse racing newspapers and online betting operator

In July 2004, Montagu led and arranged the Management Buyout of Editions en Direct from its founders. The add-on acquisition of Socpresse’s Paris-Turf was completed in March 2005. The resulting group, renamed Turf Editions, is the leading French publisher of horse racing newspapers.

The group publishes a wide range of titles covering all segments of the horse racing newspapers, and provides a wealth of information for all horse racing players. It sells over 50 million newspapers annually with eight daily newspapers (including Paris-Turf, Tiercé Magazine and Bilto), one monthly publication and a weekly sports betting magazine. The group also totals over 1 million unique visitors to its different websites monthly.

In July 2010, Turf Editions became the first private operator of online horseracing bets with its website Leturf.fr, and has been one of the top 2 players on this segment since then.

In March 2013, Turf Editions was sold to Jacques-Henri Eyraud who has been CEO of the group since 2009.

Deal details

Deal type: Management Buyout Investment Year: 2004 Country: France Status: Realised Value: Undisclosed Industry Sector: Media