Red Spur Land & Ranch Acquired by Suntex Enterprises | Construction M&A Deal

Suntex Enterprises has completed the acquisition of Red Spur Land & Ranch, a construction other business in Texas, for $2.5 million. Suntex Enterprises acquires Red Spur Land & Ranch to secure approximately 100 acres in South Texas for a multi-phase mixed-use development planning pipeline. Red Spur Land & Ranch acquisition supports construction M&A strategy by positioning the buyer to coordinate land development, construction, and infrastructure activities through related operating entities in Texas. The platform acquisition is a private equity acquisition under a closed deal structure, with Red Spur Land & Ranch Co. retaining ownership while GoldenEra Development leads planning and execution, and JA Development & Construction plus Deep South Electrical Contractors expected to support construction and electrical infrastructure opportunities.