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 .