Platform Ventures Acquires Staco Electric Construction Company

Platform Ventures Acquires Staco Electric Construction Company

Platform Ventures (“Platform”) has announced the acquisition of Staco Electric Construction Company (“Staco”), a leading full-service electrical contractor based in Kansas City. The move marks a significant milestone for Platform, as it represents the firm’s first step into the specialty construction services sector—an area of increasing importance amid rising demand for advanced electrical and infrastructure solutions.

Founded in 1971, Staco has grown steadily over more than five decades, earning a strong reputation for technical excellence, reliability, and safety. The company has built its business around providing a comprehensive suite of electrical infrastructure services, ranging from pre-construction design and planning to installation, maintenance, system upgrades, and long-term operational support. With its expertise in handling complex electrical systems and technologies, Staco has become a trusted partner to clients operating in some of the most demanding industries, including data centers, digital infrastructure, cold storage facilities, manufacturing, healthcare, and commercial development.

Backed by a workforce of more than 250 highly skilled electricians and technicians, Staco is led by a seasoned management team that emphasizes collaboration, innovation, and customer service. The company’s ability to deliver mission-critical projects while maintaining an uncompromising focus on safety has positioned it as a go-to partner for organizations with high-stakes electrical infrastructure needs. Whether designing and installing new systems, upgrading aging infrastructure, or maintaining essential facilities, Staco’s services are critical to keeping businesses running efficiently and reliably.

Why Platform’s Acquisition of Staco Matters

For Platform, an independent and entrepreneurial private investment firm, the acquisition of Staco represents both a strategic expansion and a long-term growth opportunity. Traditionally focused on building businesses and investing in real estate assets, Platform is now broadening its scope into specialty construction services, a sector that is increasingly vital in today’s evolving economy.

The demand for specialty contractors like Staco is accelerating, driven by several powerful trends:

  1. The growth of data centers and digital infrastructure – With global data usage rising exponentially, demand for reliable electrical power and connectivity has surged. Data centers, in particular, require precision electrical design and execution to ensure uninterrupted service.
  2. The transition to clean energy and electrification – As industries adopt renewable energy sources, electric vehicles, and advanced grid technologies, specialized contractors are needed to integrate these systems into existing infrastructure.
  3. The expansion of advanced manufacturing – From robotics to semiconductor production, modern manufacturing relies heavily on sophisticated electrical systems.
  4. Healthcare and commercial facilities – Hospitals, research centers, and large commercial campuses need electrical solutions that are not only robust but also compliant with strict regulatory standards.
  5. Aging infrastructure – Much of the nation’s electrical grid and commercial infrastructure is decades old and in need of modernization. Contractors with the ability to safely upgrade systems are in high demand.

By acquiring Staco, Platform is positioning itself to capitalize on these macro and industry tailwinds, while also strengthening its role in delivering critical services across essential industries.

Executive Perspectives

The acquisition has been met with enthusiasm from leadership teams on both sides.

Terry Anderson, Co-Founder and Co-President of Platform, highlighted Staco’s longstanding success in building client trust:

“For over 50 years, Staco has built longstanding relationships with ‘blue-chip’, recurring clients across diverse industries and end markets. 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.”

Ryan Anderson, Co-Founder and Co-President of Platform, echoed this sentiment, emphasizing cultural alignment and shared values as a key factor in the acquisition:

“When we evaluated Staco, it quickly became apparent that the company’s commitment to safety, technical expertise, and client relationships aligned perfectly with our vision. Together, we believe we can accelerate growth while maintaining the standards that have made Staco so successful.”

On the Staco side, Jeff Linscott, Owner and Managing Partner, reflected on the company’s journey and the importance of finding the right partner for the future:

“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.”

Staco’s Legacy and Future Growth

Since its founding in Kansas City, Staco has grown from a local contractor into a regional leader in specialty electrical services. Its client portfolio includes organizations that depend on uninterrupted operations, such as healthcare providers, manufacturing plants, and cold storage facilities—where downtime can have significant financial and operational consequences.

Key elements of Staco’s value proposition include:

  • Pre-construction planning and design expertise – helping clients anticipate challenges before construction begins.
  • Installation of advanced electrical systems – from power distribution to automation and digital infrastructure.
  • Ongoing maintenance and upgrades – ensuring that critical systems remain reliable and compliant with evolving standards.
  • Commitment to safety – with a safety culture embedded into every project, protecting both employees and clients.

Looking forward, Platform’s backing is expected to give Staco the resources needed to expand its geographic reach, strengthen its workforce, and pursue larger-scale projects that align with emerging demands in technology, sustainability, and infrastructure modernization.

Broader Implications for the Industry

The acquisition underscores a broader trend within the construction and infrastructure sectors: the rising importance of specialized contractors in meeting the challenges of a rapidly changing economy. As digital transformation, electrification, and sustainability initiatives reshape industries, companies like Staco play a pivotal role in enabling these transitions.

By bringing together Platform’s investment expertise and Staco’s technical capabilities, the partnership has the potential to create a scaled platform for growth that addresses both near-term market opportunities and long-term industry shifts. This includes contributing to the expansion of clean energy, supporting the resiliency of data centers, and helping modernize the electrical backbone of American industry.

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