Platform Partners - STOC Advisory

PLATFORM PARTNERS LLC

STOCADVISORY

Transaction Advisory | Corporate Development | Growth Enablement

Platform Partners operates across Business Services, Healthcare, Financial Services, Energy, and Industrial sectors. We've completed over 200 transactions across diverse industries and understand how perpetual capital platforms evaluate and integrate acquisitions.

MULTI-SECTOR BUY-AND-BUILD

Managing Diverse Portfolio Companies

Running 18+ platforms simultaneously across unrelated sectors means each deal requires different expertise. Healthcare staffing diligence looks different from financial services technology. Pipeline management businesses have different customer dynamics than HCM platforms. You need advisors who can shift between sectors without applying cookie-cutter templates.

What Generic Diligence Misses

Standard QoE providers struggle with the range. They don't know whether customer concentration is normal in managed services versus financial technology. They can't assess whether recurring revenue in healthcare staffing is comparable to subscription models. They miss sector-specific risks because they're following a template designed for traditional PE portfolios.

Breadth of Experience

We've completed over 200 deals across Business Services, Healthcare, Financial Services, Energy, and Industrial sectors. Our team understands the economics of labor-driven businesses, asset-liability management platforms, field service operations, and provider-led healthcare models. We can evaluate add-ons across your entire portfolio without needing sector-specific education for each deal.

Global team of 40+ professionals with primary offices in Baltimore (MD), Nashville (TN) and Edina (MN).

SECTOR EXPERIENCE ACROSS YOUR PORTFOLIO

Business Services

We've worked with HCM platforms, payroll processors, managed services providers, and labor-driven businesses with recurring revenue models. We understand unit economics in staffing, margin drivers in payroll processing, and the difference between contractual and habitual recurring revenue.

Healthcare Services

Experience with healthcare staffing, provider-led services, and healthcare technology platforms. We can assess clinician retention models, reimbursement dynamics, and regulatory compliance requirements that affect valuation and integration.

Financial Services

Background in asset-liability management, payments processing, and specialized financial technology. We understand interest rate sensitivity, regulatory capital requirements, and the economics of transaction-based revenue models.

Industrial & Energy

Work with pipeline management, water solutions, field services, and specialty industrial operations. We can evaluate project-based revenue sustainability, equipment utilization rates, and the shift from capital projects to recurring maintenance contracts.

CORPORATE DEVELOPMENT, DILIGENCE, AND POST-CLOSE SUPPORT

Target Identification Across Multiple Sectors

Finding add-ons for a perpetual capital portfolio means building target lists across unrelated industries simultaneously. Healthcare staffing companies in the Southeast, payments processors in the Midwest, and field service businesses in energy markets all require different research approaches.

We build sector-specific target lists from trade associations, industry databases, and market research. For business services platforms, that means finding regional players before they hit the broker market. For financial services, identifying specialized technology providers with defensible niches. You get months of lead time to build relationships before deals are broadly marketed.

Multi-Sector Financial Diligence

Quality of earnings for a healthcare staffing business is different from a payments processor. Revenue quality in field services doesn't look like HCM platforms. Generic providers miss sector-specific nuances because they're applying the same framework everywhere.

Our team has completed over 200 deals across your portfolio's sectors. We understand what normal margins look like in labor-driven businesses versus asset-light technology platforms. We can assess whether recurring revenue models are contractual or just customer habit. We identify what's risky versus what's standard for each sector.

Operational Support Across Portfolio Companies

Perpetual capital portfolios need ongoing support, not one-time diligence. Portfolio companies require help with integration planning, performance tracking, and operational improvements that continue well beyond closing.

We stay engaged. Integration planning for add-ons, KPI tracking tailored to each business model, and operational support from people who understand the differences between labor-driven services, asset-based businesses, and technology platforms. We're there when you need to diagnose performance issues or support portfolio company leadership teams.

PLATFORM PARTNERS LLC

STOCADVISORY

Transaction Advisory | Corporate Development | Growth Enablement

THREE CORE SERVICES

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Transaction Advisory Services

Buy-side quality of earnings, working capital analysis, and revenue assessment across diverse sectors. We complete thorough diligence that gives you confidence in the numbers and identifies sector-specific risks before closing.

• Normalized EBITDA with sector-appropriate adjustment analysis
• Revenue quality assessment across different business models
• Working capital trending and target calculation
• Identification of financial and operational risks
• Management representation validation against market data
• Integration of findings with your investment thesis

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Corporate Development Support

Target identification and market mapping across multiple sectors simultaneously. We research companies before they're actively marketed, validate operational details, and build pipelines specific to each platform's strategy.

• Sector-specific target identification and market mapping
• Research from industry databases, trade associations, and market data
• Validation of revenue, ownership structure, and competitive position
• Pipeline development across diverse business models
• Pre-LOI coordination and preliminary assessment
• Pipeline tracking with integration into your existing systems

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Growth Enablement Services

Post-close KPI tracking, integration support, and operational improvement for portfolio companies across diverse sectors. Our team understands the differences between labor-driven businesses, asset-based models, and technology platforms.

• KPI tracking dashboards tailored to each business model
• Integration planning and execution support for add-on transactions
• Operational efficiency identification and implementation
• Commercial strategy support for revenue growth
• Financial systems and reporting improvements
• Ongoing support from team members with diverse sector backgrounds

REPRESENTATIVE EXPERIENCE ACROSS SECTORS

Business Services

Completed diligence on HCM platforms, payroll processors, managed services providers, and labor-driven businesses. Experience with staffing economics, retention models, margin analysis in payroll processing, and the transition from project-based to recurring revenue. Understanding of customer acquisition costs, lifetime value calculations, and scalability constraints in service businesses.

Healthcare Services

Work across healthcare staffing, provider-led services, and healthcare technology platforms. Evaluated clinician retention, reimbursement structures, regulatory compliance requirements, and payer mix dynamics. Experience assessing the durability of provider relationships and the impact of regulatory changes on business models.

Financial Services

Experience with asset-liability management platforms, payments processing, and specialized financial technology. Analyzed interest rate sensitivity, regulatory capital requirements, transaction processing economics, and competitive moats in financial services technology. Understanding of how regulatory changes affect valuation and integration complexity.

Industrial & Energy

Supported businesses in pipeline management, water solutions, field services, and specialty industrial operations. Assessed project-based revenue sustainability, equipment utilization rates, maintenance contract economics, and the transition from capital projects to recurring service models. Understanding of commodity price exposure and operational leverage in energy services.

UNDERSTANDING PERPETUAL CAPITAL STRATEGIES

Long-Term Perspective

Perpetual capital firms think differently than traditional PE funds with fixed hold periods. We understand the difference between optimizing for a five-year exit and building sustainable long-term businesses. Our diligence and post-close support reflects this longer-term orientation.

Multi-Sector Capability

When you're evaluating a healthcare staffing acquisition while also looking at a payments processor and an industrial field services business, you need advisors who can shift between sectors without requiring extensive education on each new industry. Our breadth of experience enables this.

Portfolio-Level Support

Beyond individual deals, we can support portfolio-level initiatives. Common KPI frameworks across diverse businesses, best practice sharing between portfolio companies, and operational support that leverages experience across your entire platform base.

Capacity for Concurrent Work

Managing 18+ platforms means evaluating multiple deals simultaneously across unrelated sectors. We're staffed to handle concurrent diligence and corporate development work without quality degradation. When you're running three deals at once, you need a partner with depth.