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#319: How LCAB Holdings Is Redefining Commercial Construction with Jeff Tegman, USMA ‘07

Service Academy Business Mastermind

Release Date: 04/19/2025

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Need financing for your next investment property? Visit: https://www.academyfund.com/

Want to join us in San Antonio, TX on June 11th & 12th? Visit: https://www.10xvets.com/events

____

Jeff Tegman is the Vice President of LCAB Holdings, a veteran-owned holding company redefining how the commercial construction industry attracts talent, maintains quality, and drives operational excellence. An Army veteran with an MBA in Engineering Management, Jeff leads LCAB’s strategy of acquiring specialized construction companies, building a resilient network that addresses industry fragmentation and labor shortages while raising the standard for subcontractor performance.

With a disciplined, long-term approach to leadership and growth, Jeff is committed to shaping a more efficient and sustainable future for commercial construction. He also mentors veterans and military spouses through American Corporate Partners (ACP) and serves as a Parent Advisory Group Member for DC Public Schools.

In this episode of the SABM podcast, Scott chats with Jeff about:

  • From Fragmentation to Opportunity: How Jeff and LCAB Holdings are solving the $500B construction productivity gap through strategic acquisitions.

  • Scaling Through Cross-Selling: Building a diversified portfolio of construction trades to unlock new growth across customer networks.

  • Leading Change with EOS: Why implementing the Entrepreneurial Operating System (EOS) is critical to successful post-acquisition integration.

  • Investing in the Full Picture: How LCAB structures investments to give investors exposure to an entire portfolio, not just one company.

  • Building the Future with Talent: Why recruiting veterans and strong leaders is the key to scaling LCAB’s vision across new markets.

Timestamps:

  • 00:48 Overview of LCAB Holdings

  • 01:32 Challenges and Opportunities in the Construction Industry

  • 04:08 Investment Strategy and Acquisition Process

  • 06:34 Geographic Focus and Market Expansion

  • 12:04 Acquisition Integration and Best Practices

  • 18:44 Funding and Investor Relations

  • 21:27 Personal Insights and Future Goals

  • 35:48 Conclusion and Contact Information

 

Connect with Jeff:

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A special thank you to Jeff for joining me this week. Until next time!

-Scott Mackes, USNA ’01