AUSTIN, Texas, Sept. 22, 2025 (GLOBE NEWSWIRE) -- via IBN -- Golden Triangle Ventures, Inc. (OTC: GTVH) today announced that it has executed a Letter of Intent ("LOI") to acquire a Texas-based electrical contracting firm generating over $6 million in annual revenue with consistent profit margins and a proven record of active growth. Following the close of the transaction, the business will operate under the Company's construction division, GoldenEra Development.
The firm delivers electrical contracting services for some of the nation's most recognized organizations, including Starbucks, Gold's Gym, Planet Fitness, Restaurant Depot, Crunch Fitness, and the State of Texas Department of Transportation, as well as supporting more than 400+ active multifamily units. With a portfolio of recurring clients, cash-flow positive operations, and no debt, the contractor brings a solid foundation to accelerate GoldenEra Development's ability to self-perform across disciplines and compete at scale.
Under the terms of the LOI, the company's leadership team and workforce will remain in place, with a five-year milestone-based compensation plan designed to ensure long-term alignment, accountability, and continued performance.
"This is exactly the type of acquisition that reflects our vision for GoldenEra Development," said Javier Leal, CEO of Golden Triangle Ventures. "We are not in the business of acquiring distressed assets. Our focus is disciplined growth - acquiring profitable, operationally strong companies that strengthen our divisions and deliver real value. Quarter after quarter, our goal is to demonstrate financial performance that is aligned, consistent, and prosperous."
Golden Triangle Ventures continues to advance its multi-division growth strategy spanning construction, health & beverage, and manufacturing & distribution. The Company believes that this acquisition will be a cornerstone in positioning GoldenEra Development as a vertically integrated construction platform, capable of executing complex residential, commercial, and industrial projects with both scale and efficiency.
About GoldenEra Development
GoldenEra Development is the wholly owned construction subsidiary of Golden Triangle Ventures. Focused on residential, commercial, and industrial projects, the division is expanding its capabilities through acquisitions and vertical integration, with a goal of becoming one of the leading multi-trade construction firms in the United States.
About Golden Triangle Ventures, Inc.
Golden Triangle Ventures, Inc. (OTC: GTVH) is a multi-industry holding company dedicated to growth, innovation, and value creation. The Company operates divisions in construction, health & beverage, and manufacturing & distribution, with a focus on building cash-flow-driven businesses that deliver sustainable shareholder value.
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