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Allegra completes Insty-Prints acquisition

Feb 6, 2002 12:00 AM

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Allegra Network LLC (Troy, MI) has acquired the assets and franchise agreements of Insty-Prints (IPI), Inc. (Troy, MI), through its parent, Allegra Holdings LLC. The transaction occurred immediately following approval by IPI, Inc. shareholders at a meeting on Jan. 31.

Some of the Insty-Prints locations will retain their brand name while others will assume the Allegra Print & Imaging brand. Allegra Network will continue to support Insty-Prints franchise members from its Minneapolis corporate office

The acquisition of Insty-Prints will reportedly make Allegra Network the third-largest printing franchise in the world.