Golden Triangle Ventures Inc. has executed a Letter of Intent to acquire a Texas-based electrical contracting firm generating 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 throughout Texas.
The Texas contractor serves a diverse client base that includes major national brands such as Starbucks, Gold's Gym, Planet Fitness, Restaurant Depot, Crunch Fitness, and the State of Texas Department of Transportation.
This established customer portfolio provides immediate revenue streams and market credibility for Golden Triangle Ventures' expansion efforts.
The company's leadership team and workforce will remain in place under a five-year milestone-based compensation plan, ensuring continuity and operational stability during the transition period.