The acquisition by Ravenscroft Holdings Limited, the parent of the investment services company, of 100 per cent of the issued share capital of WH Ireland (IOM) Limited means that Ravenscroft now has a presence in the Isle of Man for the first time with all six of WH Ireland’s staff moving across.

With immediate effect, the company name will be Ravenscroft (IOM) Limited but it will trade as Ravenscroft. The entire team, who will continue to be headed up by directors Will Corrin and David Bushe, will remain at St George’s Tower in Hope Street.

“Having an experienced and enthusiastic team on the ground, as we now have in the Isle of Man, will be key to our success. Our new colleagues share our commitment to client service and we are excited about growing our client base, expanding our offering and becoming part of the local community,” Ravenscroft group managing director Mark Bousfield said.

Ravenscroft employs more than 120 people across the group. It has offices in Guernsey, Jersey and the Isle of Man and a presence in the UK following the 2015 acquisition of a 75 per cent stake in Peterborough-based A Vartan Limited.