Martello is a specialist profession trading indemnity underwriting agency for small to medium sized professional firms trading under the name of PI Direct.

Penta first invested in Martello in August 2004. The business grew rapidly with the additional capital provided and the investment was fully realised through a trade sale in November 2006. Penta returned 2.5x cost of investment to its funds achieving an IRR of 60%.

Penta Executive:

Mark Phillips