Golden Triangle Ventures, Inc. (GTV), a multifaceted consulting company, announced the completion of its acquisition of Cargo Management Group from TK Zarro, LLC. The acquisition enhances GTV’s operational capabilities within its Entertainment Division, Lavish Entertainment, and provides logistics capabilities for other company operations. Cargo Management Group reported nearly $3 million in revenue for 2023 and brings with it contracts with industry leaders such as JB Hunt and CH Robinson. The move positions GTV for substantial growth and synergy with Lavish Entertainment’s four-pillar business strategy, and includes plans to expand operations into refrigerated cargo and specialized lanes near Las Vegas. The acquisition is expected to support GTV’s goal of becoming a highly profitable company with minimal debt. Tom Zarro, the owner of Cargo Management Group and GTV’s largest note holder, expressed confidence in GTV’s ability to expand the enterprise. Additionally, Marco Antonio Moreno, the president and COO of Lavish Entertainment, emphasized the acquisition’s potential to bolster GTV’s financial performance and support future projects like Destino Ranch.
Consulting, Logistics & Transportation, Entertainment,United States, Arizona
https://www.globenewswire.com/news-release/2024/06/04/2893036/0/en/Golden-Triangle-Ventures-Completes-Acquisition-of-Cargo-Management-Group.html