Golden Triangle Ventures to Acquire Texas Electrical Contractor in Strategic Expansion Move

Golden Triangle Ventures Inc. (OTC: GTVH) has executed a Letter of Intent to acquire a Texas-based electrical contracting firm that generates more than $6 million in annual revenue with consistent profit margins and no debt. The acquisition represents a strategic move for the company's construction division, GoldenEra Development, as it seeks to establish itself as a vertically integrated platform capable of executing complex residential, commercial, and industrial projects.

The Texas electrical contractor serves an impressive portfolio of clients including major national brands such as Starbucks, Gold's Gym, Planet Fitness, Restaurant Depot, Crunch Fitness, and the State of Texas Department of Transportation. This diverse client base provides immediate revenue stability and demonstrates the contractor's capability to handle projects of varying scale and complexity. The acquisition is particularly significant given the contractor's strong financial position, with consistent profitability and no outstanding debt obligations.

CEO Javier Leal emphasized that the acquisition aligns with the company's strategy of disciplined growth through profitable, operationally strong businesses. The existing leadership team and workforce will remain in place under a five-year milestone-based compensation plan, ensuring continuity and maintaining the operational expertise that has contributed to the contractor's success. This approach minimizes integration risks while preserving the company's established relationships and operational capabilities.

The transaction positions GoldenEra Development to become a more comprehensive construction services provider, capable of handling electrical contracting as part of broader project execution. This vertical integration strategy could provide competitive advantages in bidding for larger, more complex projects that require multiple service capabilities. The move comes as the construction industry continues to experience strong demand across commercial, residential, and industrial sectors, particularly in growing markets like Texas.

For investors and industry observers, this acquisition represents Golden Triangle Ventures' continued execution of its multi-division growth strategy. The company maintains additional divisions focused on Health & Beverage and Manufacturing & Distribution, demonstrating a diversified approach to business development. The latest news and updates relating to GTVH are available in the company's newsroom at https://ibn.fm/GTVH.

The acquisition's importance extends beyond immediate financial metrics, as it establishes GoldenEra Development as a more substantial player in the construction services market. By incorporating electrical contracting capabilities, the company can now offer more comprehensive solutions to clients, potentially increasing its competitiveness for larger projects. The Texas market's continued growth, combined with the contractor's established relationships with major national brands, positions the combined entity for sustained growth in the evolving construction landscape.