Ian Flanagan established Voly in 2016.: A former PureGym investor has backed a Cheshire multi-asset management and payment services provider to the yachting industry, media sector and family offices, which was founded by a retired British tennis pro. Magenta Partners has bought into Ian Flanagan's Cheadle-based Voly, which, over the last five years, has invested significantly in its software and support capabilities and led to a 50% per annum growth. Its investment in Voly is the sixth of its latest fund, which targets equity investments of between £5m and £20m.