Core Insights - Golden Triangle Ventures, Inc. has signed a Letter of Intent to acquire a Texas-based electrical contracting firm with over $6 million in annual revenue and consistent profit margins [1] - The acquisition aligns with the company's strategy of disciplined growth by acquiring profitable and operationally strong companies [4] - The contractor has a solid client base, including major organizations, and operates cash-flow positive with no debt, enhancing GoldenEra Development's competitive position [2] Company Overview - GoldenEra Development is the wholly owned construction subsidiary of Golden Triangle Ventures, focusing on residential, commercial, and industrial projects [5] - The company aims to become a leading multi-trade construction firm in the United States through acquisitions and vertical integration [5] - Golden Triangle Ventures operates in multiple industries, including construction, health & beverage, and manufacturing & distribution, with a focus on sustainable shareholder value [6] Acquisition Details - The leadership team and workforce of the acquired firm will remain in place, supported by a five-year milestone-based compensation plan to ensure alignment and performance [3] - The acquisition is expected to position GoldenEra Development as a vertically integrated construction platform capable of executing complex projects efficiently [4]