SilverBug and Admiral Group Announce Merger

SilverBug the IT outsourcing business, today announced that it has merged with three Admiral Group divisions; Admiral IT, Admiral Network Infrastructure and Admiral Education Solutions.

With effect from 13 August 2012, the merged organisations will all trade under the name of SilverBug and will operate from SilverBug’s current premises in Milton Keynes and Leeds, and the Admiral IT office in Holborn, Central London.

Owen Daley, who will remain as Managing Director of the new organisation, described the merger as “a very positive change for our clients and staff”. He continued, “This marks the start of another exciting growth phase for SilverBug. The Admiral teams bring with them extensive experience in managed services across a number of additional sectors, which complements the existing skills and teams we have on board. The good news for existing and new clients of all the divisions is that they will benefit from our growth in expertise and knowledge with this development.”

Admiral Group CEO, and chairman of the new organisation, Graham McMullen, added: “This merger sets out the vision for SilverBug’s future. We have brought together a level of expertise and pedigree that leading businesses look for when choosing a technology partner. Both organisations have a very similar internal culture that’s based on providing excellent customer service, and it feels very comfortable to combine our teams to benefit clients, to form a company that’s greater than the sum of its parts.”

The Directors of the Admiral companies: Craig Laffer, Sales Director, David Stanton, Director (SME and Education), Roger Burgess, CTO, and Adam Sullivan, Director (Key Accounts), all continue as Directors in the new entity and will join the board of SilverBug alongside Owen Daley. The Management team is completed by Martyn Alford, who joins from Admiral as Director of Service Delivery.

The full merger and company structure is expected to be finalised by October 2012

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