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Penta Capital

Penta Capital

Glasgow, United Kingdom·Founded 1999··pentacapital.com

Penta Capital LLP is an independently-owned UK mid-market private equity firm founded in 1999, with offices in Glasgow and London. It invests GBP 5m to 200m of equity in later-stage businesses across the UK and Ireland, focusing on consumer, leisure, business services, healthcare, telecoms and financial services. Penta is authorised by the Financial Conduct Authority (FRN 489332) and is a member of the BVCA. Several recent investments are made alongside its sister firm Toscafund as Tosca Penta, including the GBP 1.1bn take-private of TalkTalk in 2021.

AUM
€152M
Funds
1
vintages 2001
Portfolio
8
Exits
9

Penta Capital is a Glasgow buyout firm with €152M AUM, 8 active companies and 9 exits.

Key takeaways
  • ·3 exits in the last 5 years · consistent DPI cadence.
  • ·Average hold across 9 realized deals: 6 years.
  • ·Best return: 3.3x MOIC on esure (2013).

Sector breakdown

17 companies
Telecom
4 · 24%
Consumer
3 · 18%
Fintech
2 · 12%
Financials
2 · 12%
Business Services
2 · 12%
HealthTech
1 · 6%
Pharma
1 · 6%
Hospitality
1 · 6%

Geography breakdown

3 geographies
UK
15 · 88%
Switzerland
1 · 6%
New Zealand
1 · 6%

Key facts

HQGlasgow, United Kingdom
Founded1999

Recent exits

Penta Capital sold Amber River to Stone Point Capital in 2026 after 7 years.

Penta Capital sold Global Risk Partners to Brown & Brown in 2022 after 9 years.

Penta Capital sold Circle Health to Centene Corporation in 2021 after 4 years.

Penta Capital exited Daisy Group in 2019 after 4 years.

Partners

Torquil MacnaughtonFounding Partner
Steven ScottFounding Partner
Paul CassidyPartner, Finance and Compliance

Coverage notes

1 fund tracked, 17 portfolio companies (8 active · 9 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Torquil Macnaughton
Founding Partner · Hospitality, leisure, healthcare, telecoms
Steven Scott
Founding Partner · Fundraising and investor relations
Paul Cassidy
Partner, Finance and Compliance · Finance, administration, compliance

Funds & portfolio

Every fund Penta Capital has raised, with its portfolio companies. Hand-checked from public filings.

1 fund
Penta Capital Fund I
Buyout2001€152M8 assets9 exits

Unrealized

8 held
CompanyEntry
CellPoint Digital
Fintech · UK
2019
Essential Pharma
Pharma · UK
2025
Hochdorf Swiss Nutrition
Consumer · Switzerland
2025
Mabec PRS
Real Estate · UK
2017
RSK Group
Business Services · UK
2024
Sumer
Business Services · UK
2023
TalkTalk
Telecom · UK
2021
Wet & Forget
Consumer · New Zealand
2024

Realized

9 exits
CompanyEntryExitTypeBuyerMOIC
6 Degrees Group
Telecom · UK
20112015SecondaryCharlesbank Capital Partners2.7x
Amber River
Fintech · UK
20192026SecondaryStone Point Capital–
Circle Health
HealthTech · UK
20172021Trade SaleCentene Corporation–
Daisy Group
Telecom · UK
20152019Secondary––
Endura
Consumer · UK
20142018Trade SalePentland Brands–
esure
Financials · UK
20102013IPO–3.3x
Geronimo Inns
Hospitality · UK
20062010Trade SaleYoung & Co's Brewery2.4x
Global Risk Partners
Financials · UK
20132022Trade SaleBrown & Brown–
Wireless Infrastructure Group
Telecom · UK
20012012SecondaryWood Creek Capital Management2.4x

About Penta Capital

Penta Capital is an alternative investment platform with capital deployed across 5 active fund vehicles, headquartered in London. The firm deploys capital across European mid and small-cap businesses spanning TMT, consumer, financials, healthcare, business services and industrials.

Investment thesis

The platform combines complementary investment strategies, deploying capital across TMT, consumer, financials, healthcare, business services and industrials businesses in the United Kingdom and broader European market. Multi-strategy capital deployment enables flexibility across the business lifecycle, with the partnership culture supporting management teams through growth, transmission and selective M&A across multiple fund vintages and asset classes.

Recent activity

Realised exits across the current platform vintages remain limited, with the portfolio in active deployment and value-creation phase. The platform tracks 5 fund vehicles, 13 active portfolio companies and 8 realised exits across the strategy's history.

Frequently asked questions

What investment strategy does Penta Capital focus on?
Penta Capital focuses on Buyout, Growth strategies in the private equity space.
How many portfolio companies does Penta Capital have?
Penta Capital has 8 active portfolio companies and 9 completed exits and 1 fund tracked on GP Intel.
Where is Penta Capital headquartered?
Penta Capital is headquartered in Glasgow, United Kingdom.
What is Penta Capital's assets under management?
Penta Capital manages approximately €152M in assets under management.
When was Penta Capital founded?
Penta Capital was founded in 1999.
What sectors does Penta Capital invest in?
Penta Capital invests across Consumer, Business Services, Healthcare, TMT, Financials.
What are Penta Capital's recent exits?
Recent realized exits by Penta Capital include: Amber River (2026) to Stone Point Capital; Global Risk Partners (2022) to Brown & Brown; Circle Health (2021) to Centene Corporation; Endura (2018) to Pentland Brands; 6 Degrees Group (2015) to Charlesbank Capital Partners, 2.7x; Wireless Infrastructure Group (2012) to Wood Creek Capital Management, 2.4x; Geronimo Inns (2010) to Young & Co's Brewery, 2.4x.
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Last updated August 2026 · Sourced from public filings · Report an issue