Bam Boom Cloud chooses Derby for global HQ
IT company Bam Boom Cloud is to establish its global headquarters in Derby in a major boost to the city’s economic recovery efforts.
The firm, which was known as Cooper Parry IT until a buy-out by its management team earlier this year, employs 100 people, has operations in the US, Canada, India and Ireland and is looking for further growth in Germany and the UAE.
Bam Boom Cloud Chief Executive Vicky Critchley said the company had entered an ambitious phase following the MBO and was targeting a trebling of its £9 million turnover during the next three years.
It has now signed a five-year lease on a three-storey Grade 2-listed building in Derby’s historic Wardwick and has drawn up plans for a new internal layout – including the creation of a staff bar and computer games area.
The firm’s UK-based team will use the 6,500 sq ft office for meetings and creative sessions, alongside working from home.
Its move, scheduled for this summer, has been assisted by Derby City Council, Marketing Derby and property group Staton Young, which owns the building.
Vicky said she was delighted to be able to bring the business to Derby:
“We are excited by Derby’s plans to rejuvenate its city centre, including the Becketwell development, with its performance venue, apartments, hotel and public square, close to our new home in the Wardwick. It’s an exciting time for us to make the move.
“We also think we will be good for Derby’s future and for the economy of the city centre. We are already a global technology business and we have ambitious plans for further growth and to recruit more staff.”
John Forkin, Managing Director of Marketing Derby, said he hoped other investors would now follow Bam Boom Cloud’s lead.
“Bam Boom Cloud are a talented team of market-leading innovators and we are really delighted to welcome them into the city centre. It’s an important vote of confidence for a city building back differently and a clear signal for others to join us in place-shaping a new Derby,” he said.
“The investment is a result of an intense collaboration between ourselves, Derby City Council and Staton Young and, as well as attracting almost 100 jobs, has the added bonus of refurbishing a beautiful building laid empty for many years.”