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Suntex Enterprises to Acquire Deep South Electrical & GoldenEra Development

Suntex Enterprises to Acquire Deep South Electrical and GoldenEra Development AUSTIN, Texas – March 5, 2026 – Suntex Enterprises, Inc. (OTC: SNTX) announced today that it has executed a Letter of Intent (LOI) to acquire Deep South Electrical…

Suntex Enterprises to Acquire Deep South Electrical & GoldenEra Development

Suntex Enterprises to Acquire Deep South Electrical and GoldenEra Development

AUSTIN, Texas – March 5, 2026 – Suntex Enterprises, Inc. (OTC: SNTX) announced today that it has executed a Letter of Intent (LOI) to acquire Deep South Electrical Contractors and GoldenEra Development, two operating subsidiaries of Golden Triangle Ventures, Inc. (OTC: GTVH). The acquisition aims to expand Suntex’s operational footprint in infrastructure, construction services and development .

Expanding Infrastructure and Construction Capabilities

Deep South Electrical Contractors specializes in commercial and industrial electrical contracting, supporting large-scale infrastructure and technology-driven facilities. GoldenEra Development focuses on construction management and development services for commercial and industrial projects. Both companies are currently operational and engaged in ongoing projects .

Strategic Acquisition for Suntex

Suntex Enterprises CEO Javier Leal stated that the agreement is “another step in building Suntex into a stronger operating company.” The addition of these businesses is expected to significantly strengthen Suntex’s revenue base and enable the company to pursue larger infrastructure and development opportunities .

Golden Triangle Ventures’ Recent Acquisition of Deep South Electrical

Golden Triangle Ventures acquired Deep South Electrical Contractors in a $4 million transaction in October 2025. This acquisition added over 600,000 square feet of active projects and strengthened Golden Triangle Ventures’ construction division. Deep South Electrical Contractors serves national brands including Starbucks, Planet Fitness, and Ulta Beauty .

Next Steps

The execution of the LOI is a preliminary step. Definitive agreements, due diligence, and closing conditions remain pending, and full terms of the acquisition will be announced at a later date .

About the author: Ibrahim Khalil - World Editor

PhD in International Relations, former UN press officer. Ibrahim has reported from 40+ countries, translating complex geopolitical shifts into clear, human‑focused narratives. “Ibrahim Khalil provides authoritative world news, from diplomacy to conflict zones, with on‑the‑ground insight.”