Reit Productions LLC, an audio-production company here, has agreed to buy the assets of another Spokane business, Silhouette Lights & Staging Ltd., as part of a strategy to develop a full-service lights, sound, and staging production company to produce concerts and other events. 

Troy Reit, owner of Reit Productions since 1991, and his business partner, Duane Hille, a marketing assistant for Riverfront Park for several years and now an employee of Silhouette Lights, signed an agreement last month to buy the lighting company from George Lathrop, Silhouette’s owner and president. 

The new company will be run under the pending business name of All Access Production Co., at Silhouette’s location, says Hille, whose title will be chief operating officer. Reit will assume the role of chief executive officer. 

The parties decline to discuss the terms of the sale. The acquisition is scheduled to be completed on Jan. 1, Hille says. 

Last year, Silhouette Lights & Staging grossed about $1.2 million in revenue annually, says Hille. 

The two business partners anticipate doing about $1.8 million to $2 million in revenue annually in coming years. 

Silhouette Lights, which opened in 1983, has five full-time employees and 15 on-call, part-time employees. Reit Productions has five on-call employees. 

 Hille says Lathrop will act as a consultant to the new company. 

The two businesses have collaborated on many projects over the last six years and have established a good working relationship, he says. Combining both companies will enable All Access Production to fully accommodate concerts and other events in Spokane, he says. 

“A concert producer will be able to come to us and we’ll coordinate and provide everything they need for a production,” says Hille. 

The company also will be adding big screen video elements for corporate events or concerts.

Reit Productions, which currently operates out of the owner’s home address on West Alameda Blvd., will move his production company into the offices of Silhouette Productions in west Spokane at 2432 W. Inland Empire Way. Silhouette owns the 2,000-square-foot building at that location.