Ignition Group Acquires Fireminds Ltd., Bermuda-based Software Development and IT Services Group

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Ignition Group has acquired Fireminds, Ltd, forming Bermuda’s only total provider of Managed IT Services and Cloud Computing.

“We pursued this acquisition because Fireminds’ technical skills, plus their sales and service capabilities, are complementary to Ignition’s.” Graham Pearson, CEO, Ignition Group

Ignition Bermuda Ltd. acquired certain assets of Fireminds, Ltd. to form Bermuda’s leading Managed IT Services, Business Continuity and Cloud Hosting provider for the Offshore market. The combined company comprises 83 highly skilled IT staff which will operate under the Ignition brand with offices in Bermuda, Cayman, Halifax and Atlanta; serving additional markets in the Bahamas, Barbados, Jamaica, Trinidad and Curacao.

With this acquisition, Ignition clients will have expanded managed hosting options with access to Fireminds' secure virtual hosting environment which provides production and disaster recovery solutions. Fireminds' clients benefit from Ignition’s 24 x 7 help desk services, network monitoring and managed IT support. Together the two companies can now provide managed hosting from data centers in Bermuda, Canada and the Caribbean. The combined IT skill sets delivers software development expertise to expand Ignition's SharePoint and Records Management practices.

Michael W. Branco, President of Fireminds, and now Ignition’s new Senior Vice President, stated that, “Fireminds was growing rapidly. We recognized that we needed to expand our capabilities in managed IT in order to support our hosting environment, and to deliver 24 x 7 operations. The Ignition team was a perfect fit as they are a recognized leader in 24 x 7 managed IT support, and provide excellent customer service throughout the offshore jurisdictions.”

Graham Pearson, CEO of Ignition added, “Ignition is pleased to be able to serve Fireminds clients with our team of IT consultants based in Bermuda, Canada, Atlanta and Cayman. The acquisition was strategic for Ignition, because we can now provide more robust and expanded business continuity and disaster recovery services; including managed hosting capabilities and cloud computing platforms owned and managed by the Ignition group of companies. In addition, Michael W. Branco, a rising star in the Bermuda business community, is an excellent addition to our senior management team. Michael has a great combination of technological skills and business acumen. He will be a key figure in our continued growth."

To learn more about Ignition Group, please visit our website http://www.ignitionmsp.com

About Ignition: Ignition is an IT services organization with clients in multiple countries throughout the Caribbean and North America. Founded in 2000 as part of the Paragon Group in Bermuda, Ignition has grown significantly over the years in the Caribbean, Canada and the US. Servicing the Insurance, Finance, Legal and Government sectors.

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Graham Pearson