The Manchester office of Addleshaw Goddard has advised Investec Asset Finance plc on its acquisition of Mann Island Finance. The purchase price was not disclosed.

Mann Island Finance is based in Liverpool and employs more than 140 staff across its four offices in Liverpool, Stirling, Edinburgh and Stevenage. It was founded in 1991.

The Addleshaw Goddard team was led by corporate finance partner Roger Hart and included associates Helena Drury and Rabia Burton and tax partner Michael Hunter.

Roger Hart commented: “We have a very close relationship with Investec Asset Finance and it's always nice to help such a client to take another strategic step forward.”