Construction Acquisitions in Missouri

Platform Ventures has acquired Staco Electric Construction Company, a Kansas City–based full-service electrical contractor with more than 50 years of experience and a workforce of over 250 electricians. The acquisition marks Platform's entry into the specialty construction services sector and aims to support growth across data centers, clean energy, manufacturing, commercial and healthcare end markets.

Russell, a Bettendorf-based construction and development firm, has acquired Springfield, Missouri-based O'Reilly Build. The deal, which closed April 28, brings O'Reilly Build's 15-person team into Russell, establishes Russell's fourth national office, and strengthens its commercial and residential project capabilities.

RAFTR Roofing + Exteriors (RAFTRx), a Saw Mill Capital–backed roofing and exteriors platform, has acquired Kingdom Krafters, a Missouri-based residential and commercial roofing company. The deal expands RAFTRx's geographic footprint into Missouri and strengthens its service capabilities in insurance-claim driven roofing and exterior solutions.

Ridgeline Roofing & Restoration, a portfolio company of Bertram Capital, has acquired Brody Allen Exteriors, a roofing and exterior services provider in the St. Louis, Missouri area. The add-on deal expands Ridgeline's Midwest footprint and will leverage Bertram's in-house technology team (Bertram Labs) to improve data tracking and digital marketing to accelerate growth.

Luby Equipment Services, a family-owned equipment dealer based in Fenton, Missouri, has acquired Springfield-based Potter Equipment effective June 1, 2024. The transaction expands Luby’s Case dealership territory into southwest Missouri and northwest Arkansas, adds Potter’s Springfield and Harrison locations, and strengthens Luby’s position in construction, aggregates and forestry equipment sales, rental and standby power services.

An affiliate of Sileo Capital, Revive Holdings, acquired Excel Utility Contractors in partnership with Brightwood Capital Advisors and Mizzen Capital. Excel, headquartered in Villa Ridge, Missouri, is a provider of project management, construction, installation and maintenance services for telecommunications, water/wastewater and power customers; terms were not disclosed.

Congruex, a Crestview Partners–backed provider of engineering, construction and maintenance services to broadband providers, acquired Mabeck LLC and Viking Corp and will roll them into its True North Management Services platform. The add-ons expand Congruex/True North’s wireless construction and tower services footprint across the U.S. Midwest to support carriers and 5G deployments.

One Rock Capital Partners completed a controlling investment in ArchKey Solutions, acquiring the stake from funds managed by the GFI Energy Group of Oaktree Capital Management. ArchKey, a St. Louis–based national electrical and technologies contracting platform with more than 3,000 employees, will continue to be led by its existing management team as it pursues growth and capability expansion with One Rock's support.