Golden Triangle Ventures, Inc. Signs LOI to Acquire Leading Texas Electrical Contractor in Expansion of GoldenEra Development

Rhea-AI Summary

Golden Triangle Ventures (OTC:GTVH) has signed a Letter of Intent to acquire a Texas-based electrical contracting firm with over $6 million in annual revenue. The target company serves major clients including Starbucks, Gold's Gym, and the Texas Department of Transportation, supporting 400+ active multifamily units.

The acquisition will operate under GTVH's construction division, GoldenEra Development. The deal structure includes retaining the current leadership team with a five-year milestone-based compensation plan. The target company brings cash-flow positive operations and maintains zero debt, positioning GoldenEra Development for enhanced self-performance capabilities across multiple disciplines.

Positive

• Target company generates over $6 million in annual revenue with consistent profit margins
• Acquisition target is debt-free and cash-flow positive
• Established client base includes major national brands and government contracts
• Five-year milestone-based compensation plan ensures leadership retention and accountability

Negative

• Acquisition is still in LOI phase with final terms not yet disclosed
• Integration costs and timeline not specified

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.

Safe Harbor Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms.

In evaluating these forward-looking statements, you should consider various factors, including: (i) potential failure to meet projected development and related targets; (ii) changes in applicable laws or regulations that may impact our products and business; and (iii) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with OTC Markets. These and other factors may cause our actual results to differ materially from any forward-looking statement. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

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FAQ

What company is Golden Triangle Ventures (GTVH) acquiring in Texas?

GTVH is acquiring a Texas-based electrical contracting firm that generates over $6 million in annual revenue and serves major clients like Starbucks, Gold's Gym, and the Texas Department of Transportation.

How much revenue does the electrical contractor being acquired by GTVH generate?

The electrical contracting firm generates over $6 million in annual revenue with consistent profit margins and demonstrates active growth.

Who are the major clients of the electrical contractor GTVH is acquiring?

The contractor serves notable clients including Starbucks, Gold's Gym, Planet Fitness, Restaurant Depot, Crunch Fitness, and the State of Texas Department of Transportation, plus supports 400+ multifamily units.

What is the structure of the management retention plan in GTVH's electrical contractor acquisition?

The acquisition includes a five-year milestone-based compensation plan designed to retain the current leadership team while ensuring long-term alignment, accountability, and continued performance.

How will this acquisition affect GoldenEra Development's capabilities?

The acquisition will strengthen GoldenEra Development's ability to self-perform across disciplines and position it as a vertically integrated construction platform capable of executing complex residential, commercial, and industrial projects.