Expanding IT company Bam Boom Cloud is to establish its global headquarters in Derby in a move which will be 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.

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 exciting 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 the summer, has been assisted by Derby City Council, Marketing Derby and property group Staton Young, which owns the building.

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 already established a reputation as a leading supplier of cloud-based technology solutions to small and mid-sized businesses and has been recognised by Microsoft for global excellence.

Vicky said she was delighted to be able to bring the business to Derby from its previous base near East Midlands Airport.

“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.”

Executive chairman Brett Critchley said staff had originally favoured a move to a business park location but the team was excited by the buzz of the city centre, the vision for the new offices and the ability to continue to work flexibly.

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