Platform Ventures (“Platform”) is pleased to announce the acquisition of Staco Electric Construction Company (“Staco”), a leading full-service electrical contractor based in Kansas City, with more than 50 years of experience serving commercial and industrial clients.
Founded in 1971, Staco has decades of experience delivering a comprehensive suite of electrical infrastructure services, including pre-construction design, installation, maintenance, upgrades, and ongoing support for complex electrical systems and technologies. Staco serves as a trusted partner to a diverse client base across data centers & digital infrastructure, cold storage, manufacturing, commercial, and healthcare markets. Backed by a seasoned leadership team and a workforce of more than 250 highly skilled electricians, Staco has earned a reputation for technical expertise, an uncompromising commitment to safety, and the ability to successfully execute complex projects.
Platform is an independent, entrepreneurial private investment firm focused on building businesses and investing in real estate assets that create long-term value. The acquisition of Staco marks Platform’s initial acquisition in the specialty construction services sector. The investment represents a commitment to meet the growing demand for specialty contractors, which are needed to support large-scale investments in data centers, clean energy, manufacturing, connectivity technologies, and the ongoing maintenance and modernization of aging infrastructure. This momentum is further reinforced by powerful macro and industry tailwinds, particularly the convergence of rising power consumption and accelerating data demand, underscoring the critical importance of Staco’s turn-key electrical and technology solutions across high-stakes applications.
“For over 50 years, Staco has built longstanding relationships with ‘blue-chip’, recurring clients across diverse industries and end markets,” said Terry Anderson, Co-Founder and Co-President of Platform. “Staco has an impressive management team and a strong track record, and from the start it was clear that our cultures were a great fit. We’re excited to partner with them to support the next stage of their growth,” said Ryan Anderson, Co-Founder and Co-President of Platform.
Jeff Linscott, Owner and Managing Partner of Staco, added, “The last ten years have been a great period of growth for Staco’s business and team. Not long ago, we started a process to find a new owner that could continue this growth and expand our opportunities with our existing clients. I am excited to have Platform as the new owner of Staco, as Platform’s values and vision are aligned with Staco’s, which should benefit our clients greatly.”
Stephens Inc. served as exclusive financial advisor to Platform.
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