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. The firm services well-known organizations like Starbucks and Gold’s Gym. The acquisition is part of Golden Triangle Ventures’ strategy to grow its construction division, GoldenEra Development, and become a leading multi-trade construction firm in the US. The leadership team and workforce of the acquired firm will remain in place, with a compensation plan based on performance. The company aims for disciplined growth by acquiring profitable, operationally strong companies to strengthen its divisions.

Read more at GlobeNewswire: Golden Triangle Ventures, Inc. Signs LOI to Acquire Leading