Red Door Buys Web Developer

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NEW YORK Red Door Interactive has bought the assets of Web development company Avencom.

With the acquisition, Red Door adds seven staffers to its 10-person workforce and clients such as Buck Knives and Lightpointe. The San Diego-based interactive shop did not pick up liabilities, such as debt or leases.

Laura Wilber, president of 5-year-old Avencom, also San Diego, will sit on Red Door’s board of advisors.

Westchester Associates, a mergers and acquisitions advisory firm, consulted Red Door on the purchase, of which terms were not disclosed.





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