Fortusis Acquires ICED Print Brands
Effective October 1, 2017, the ICED family of domestic print franchises, which includes Kwik Kopy Printing, Kwik Kopy Business Centers, The Ink Well, and Franklin’s Printing, was acquired by Fortusis, LLC, a Utah-based company.
The ICED group, which began in 1967 with the franchising of the first Kwik Kopy Printing franchise by Bud and Mary Hadfield, had been continuously family-owned throughout its rich half-century history.
Curtis D. Cheney, CEO of Fortusis, is a native of Perrysburg, Ohio, with a degree in Business Administration, emphasis in Marketing and Sales, from Brigham Young University-Idaho. He went on to earn his MBA at Idaho State University.
In announcing the acquisition, Cheney said, “The ICED family of franchises is rich in tradition, and I’m humbled to be following in Bud Hadfield’s footsteps. I know we have a great future ahead of us.” He added, “Printing is not only very much alive, but it has multiple layers. We’re going to embrace that.”
In the months since the acquisition, Cheney has traversed the United States visiting with franchise owners in the Fortusis family of franchises. He said he has gained a tremendous amount of knowledge about the needs in the system, and will be developing programs to address some of those needs.
While the headquarters for Fortusis will be in Utah, the Operations team remains in Houston, Texas. Jay Groot, named Vice President of Operations, said, “All of us are excited about our future under Curtis’ leadership. We’ll be busy, but we’re up for the challenge. He is assisted by Nancy Arnold as Director of Franchise Development. Nancy was a long-time employee of ICED, and was a Kwik Kopy franchisee.
ICED Chairman Steve Hammerstein, a former chairman of the International Franchise Association, said, “ICED is pleased that Curtis Cheney and Fortusis, LLC have acquired its print franchise systems. Curtis brings experienced leadership to the franchise family as it begins its second half century in providing business solutions.”
About Fortusis, LLC
Fortusis, LLC, a Utah-based company, was founded as a consulting business in January 2015. Fortusis expanded its portfolio with the acquisition of the ICED print brands.