Platform Ventures has acquired Staco Electric Construction Company, a Kansas City–based electrical contractor with more than five decades of experience in commercial and industrial projects.
Founded in 1971, Staco delivers a range of services including pre-construction design, system installation, maintenance, and technology upgrades. The company works with clients across several sectors such as data centers, manufacturing, cold storage, healthcare, and commercial facilities. With a team of over 250 electricians and a leadership group experienced in large-scale projects, Staco has built a reputation for technical knowledge and a strong safety record.
For Platform Ventures, this deal represents its first move into the specialty construction services sector. The investment is aligned with growing demand for contractors who can support expansion in areas such as clean energy, digital infrastructure, and modernization of existing facilities. Rising power use and data needs are creating new opportunities for companies like Staco, which provide turn-key electrical and technology solutions for critical 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, commented, "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. acted as exclusive financial advisor to Platform Ventures.
Platform Ventures is a private investment firm focused on businesses and real estate assets that create long-term value. Its integrated platform spans infrastructure and logistics, housing, and real estate credit, operating through subsidiaries including Platform Investments, LLC, a registered investment advisor managing approximately $3.6 billion in assets.
Staco Electric Construction Company is an electrical and data/communication contractor headquartered in Kansas City, Missouri. Since 1971, the company has provided design, installation, maintenance, and upgrade services for complex electrical systems. Staco operates across Missouri, Kansas, Oklahoma, Nebraska, and Iowa, serving industries including healthcare, data centers, and manufacturing.
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By Ravi Kumar