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Cadence McShane Construction Company

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uuid000ailh

Namestring
Cadence McShane Construction Company
Legal namestring
Cadence McShane Construction Company
Company typeenum
Private
Founded yearint
1985
Descriptiontext

Cadence McShane Construction Company is a Texas-headquartered general contractor founded in 1985, operating as part of The McShane Companies alongside sister company McShane Construction. The firm delivers preconstruction, construction management at risk, design-build, design-assist, general construction, and development services across six market sectors — K-12 Education, Higher Education, Commercial, Industrial, Multifamily, and Senior Living — with K-12 and Multifamily designated as primary verticals. As of 2025, the company relocated its corporate headquarters to Plano, Texas, and operates four regional offices covering North Texas (Plano/Dallas), the Gulf Coast (Houston, established 1992), and Central Texas (Austin since 1986, San Antonio since 2015), serving school districts, developers, and commercial property owners statewide.

The business model is direct, project-based, and sales-led. Revenue is earned through competitive bidding, negotiated contracts, or guaranteed maximum price arrangements tied to individual construction engagements, typically structured as multi-year contracts. Cadence McShane pursues clients through executive-level business development and regional VP-led market expansion rather than via resellers or channel partners. Pricing is custom-quoted based on project scope, with no standardized pricing published. Customer segments span public-sector education (Dallas ISD, Dallas College, Lone Star College System), private developers (Broadway Street Development, McNair Interests, CRG Real Estate Solutions), and industrial/commercial owners across Texas.

Technically, the firm operates as a professional services contractor rather than a software or product company. Operational differentiators include LEED Accredited Professionals supporting sustainable construction (geothermal HVAC, solar hot water, low VOC, recycled materials), an award-winning safety program recognized with the ABC National Safety Excellence Award (2021) and consistent AGC recognition, and a formal trade partner pre-qualification process using Lockton Companies and the COMPASS platform for Subcontractor Default Insurance compliance. The firm holds ENR Texas & Louisiana #1 Multi-Unit Residential Contractor ranking for 2024 and Top-10 national rankings across Multifamily and Education sectors, with cumulative execution including over $1.4 billion in K-12 projects in the past five years, 5,000+ senior living units, and 250+ industrial assignments covering 70+ million square feet.

Short descriptiontext

Texas-based general contractor (founded 1985) delivering construction management, design-build, and preconstruction services across K-12, higher education, multifamily, senior living, commercial, and industrial sectors from four regional offices in Plano, Houston, Austin, and San Antonio.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersAddison, United States
HQ citystring
Addison
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
construction management services, design-build construction, general contracting, commercial construction, multifamily construction
Industry2 codes
1Construction Program Management (Multi-site/Portfolio)
CodeIMAFAAAFPrimaryYes
2Construction Engineering & Constructability Consulting
CodeBPAHAIANPrimaryNo
NAICS code2 codes
  • Architectural, Engineering, and Related Services5413
  • Engineering Services54133
SIC code3 codes
  • General Bldg Contractors - Nonresidential Bldgs1540
  • General Bldg Contractors - Residential Bldgs1520
  • Services-Engineering Services8711
Product category
Commercial Construction Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Construction Management Services
TypeProfessional Services
Description

Provides construction management services offering preconstruction, construction management at risk, design-build, design-assist, and general construction services. Revenue is project-based, earned through construction contracts with guaranteed price arrangements.

cadencemcshane.com
2Design-Build Services
TypeProfessional Services
Description

Single source responsibility for both design and construction, providing early project cost guarantee and shorter overall project schedules

cadencemcshane.com
3Development Services
TypeProfessional Services
Description

Comprehensive development services including feasibility, design assistance, construction and fulfillment services

cadencemcshane.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components7 values
Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others
Pricing details1 tier
1Project-based custom quotes
ModelOtherBilling cadenceMulti-year contract
Notes

Pricing determined through competitive bidding, negotiated contracts, or guaranteed maximum price arrangements based on project requirements

cadencemcshane.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Cadence McShane Construction Company is a Texas-based general contractor offering construction management, design-build, design-assist, preconstruction, general construction, and development services across K-12 Education, Higher Education, Commercial, Industrial, Multifamily, and Senior Living market sectors. The firm delivers projects under guaranteed maximum price arrangements and single-source design-build contracts, supported by LEED-accredited sustainable construction practices and an award-winning safety program. It operates from four Texas regional offices and is part of The McShane Companies.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Completed over $1.4 billion in K-12 projects in past five years
+3 more records
Product overview1 text field

Cadence McShane Construction Company is a general contractor offering a unified suite of construction services rather than a modular software platform. The company's core offerings span the entire project lifecycle from preconstruction planning through development services and final construction delivery. Service delivery methods include Preconstruction, Construction Management at Risk, Design-Build, Design-Assist, and General Construction. The company specializes in five primary market sectors: K-12 Education, Higher Education, Commercial (office, retail/mixed-use, hospitality), Industrial (distribution, manufacturing, food & beverage), Multifamily (market rate and affordable housing), and Senior Living. Supporting services include sustainability/green building practices leveraging LEED Accredited Professionals and a comprehensive safety program with award-winning outcomes. The company operates from regional offices in Dallas (headquarters), Houston, Austin, and San Antonio, Texas.

Product and service8 records
1Preconstruction Services
CategoryConstruction Services
2Construction Management at Risk
3Design-Build
4Design-Assist
5General Construction
6Development Services
7Sustainability Services
8Safety Program
Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-17
Description

Joint venture partner with Cadence McShane on the Trinidad 'Trini' Garza Early College High School project for Dallas College. The partnership combines Cadence McShane's construction expertise with Morales Construction's local market knowledge.

Strategic tierMinorTypeOthers
Description

Enlisted for assessing financial health and qualifications of trade partners. Part of the trade partner pre-qualification process to support Subcontractor Default Insurance (SDI) requirements.

Strategic tierMinorTypeOthers
Description

Technology platform used for trade partner questionnaire and pre-qualification process. Manages credit and safety record risk ratings for trade partner selection.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Design architect for Trinidad 'Trini' Garza Early College High School project. Provided architectural services for the 45,000 square foot early college center.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Architect of record for Henry W. Longfellow Career Exploration Academy project. Provided architectural design for the 143,000 square foot replacement school.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Design architect for Broadway Chapter Apartments project. Designed the 320,000 square foot multifamily complex in Fort Worth.

Strategic tierCoreTypeImplementation/ SI/ Consulting Partner
Description

Client/developer for Broadway Chapter Apartments project. Commissioned the construction of the 320,000 sq ft multifamily community in Fort Worth's Near Southside district.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Sister company within The McShane Companies. Together recognized as one of the largest general contractors in the United States with Top-10 national rankings across Multifamily and Education sectors.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Charitable beneficiary of CMC Pickleball Classic event. Net proceeds from the tournament support the ACE Mentor Program Houston, which provides mentorship in architecture, construction, and engineering careers.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

National employee-owned general contractor with deep portfolios in K-12/higher education, multifamily, and senior living — directly overlapping Cadence McShane's core verticals and design-build delivery model.

TypeDirect peer
Description

Oklahoma/Texas-headquartered general contractor with comparable size, scope, and vertical mix across education, commercial, healthcare, and multifamily — a close regional competitor to Cadence McShane in Texas.

TypeDirect peer
Description

National employee-owned GC with strong education, multifamily, and senior living practices; competes head-to-head with Cadence McShane on design-build pursuits in Texas and across the Sunbelt.

TypeDirect peer
Description

Developer and general contractor with significant multifamily and affordable housing exposure; competes with Cadence McShane on multifamily/affordable housing projects in Texas and nationally.

TypeBroad incumbent
Description

Large national general contractor with multifamily, education, and commercial capabilities; broader portfolio than Cadence McShane but increasingly active in Texas Sunbelt markets.

TypeBroad incumbent
Description

Largest U.S. general contractor by revenue with broad education, commercial, and multifamily practices; competes with Cadence McShane on larger Texas pursuits as a national incumbent.

TypeOthers
Description

Large private national GC with strong education and multifamily practices; broader geographic reach than Cadence McShane and a competitor on Texas design-build pursuits.

TypeDirect peer
Description

Mid-size regional general contractor with comparable multifamily, senior living, and education focus; similar size, family-influenced culture, and design-build delivery model to Cadence McShane.

TypeRegional player
Description

Texas-based general contractor with comparable multifamily, industrial, and commercial practices; competes locally with Cadence McShane in North Texas and state-wide.

TypeRegional player
Description

Texas-focused general contractor with multifamily, education, and mixed-use experience; a direct regional peer competing with Cadence McShane for Texas project wins.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles18 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Cadence McShane Construction Company

Commercial Construction Servicescadencemcshane.com

Texas-based general contractor (founded 1985) delivering construction management, design-build, and preconstruction services across K-12, higher education, multifamily, senior living, commercial, and industrial sectors from four regional offices in Plano, Houston, Austin, and San Antonio.

What Cadence McShane Construction Company does

Cadence McShane Construction Company is a Texas-headquartered general contractor founded in 1985, operating as part of The McShane Companies alongside sister company McShane Construction. The firm delivers preconstruction, construction management at risk, design-build, design-assist, general construction, and development services across six market sectors — K-12 Education, Higher Education, Commercial, Industrial, Multifamily, and Senior Living — with K-12 and Multifamily designated as primary verticals. As of 2025, the company relocated its corporate headquarters to Plano, Texas, and operates four regional offices covering North Texas (Plano/Dallas), the Gulf Coast (Houston, established 1992), and Central Texas (Austin since 1986, San Antonio since 2015), serving school districts, developers, and commercial property owners statewide.

The business model is direct, project-based, and sales-led. Revenue is earned through competitive bidding, negotiated contracts, or guaranteed maximum price arrangements tied to individual construction engagements, typically structured as multi-year contracts. Cadence McShane pursues clients through executive-level business development and regional VP-led market expansion rather than via resellers or channel partners. Pricing is custom-quoted based on project scope, with no standardized pricing published. Customer segments span public-sector education (Dallas ISD, Dallas College, Lone Star College System), private developers (Broadway Street Development, McNair Interests, CRG Real Estate Solutions), and industrial/commercial owners across Texas.

Technically, the firm operates as a professional services contractor rather than a software or product company. Operational differentiators include LEED Accredited Professionals supporting sustainable construction (geothermal HVAC, solar hot water, low VOC, recycled materials), an award-winning safety program recognized with the ABC National Safety Excellence Award (2021) and consistent AGC recognition, and a formal trade partner pre-qualification process using Lockton Companies and the COMPASS platform for Subcontractor Default Insurance compliance. The firm holds ENR Texas & Louisiana #1 Multi-Unit Residential Contractor ranking for 2024 and Top-10 national rankings across Multifamily and Education sectors, with cumulative execution including over $1.4 billion in K-12 projects in the past five years, 5,000+ senior living units, and 250+ industrial assignments covering 70+ million square feet.

Cadence McShane Construction Company firmographics

Firmographics
Name
Cadence McShane Construction Company
Legal name
Cadence McShane Construction Company
Website
https://cadencemcshane.com
Company type
Private
Founded year
1985
Operating status
Operating
Headcount range
101–250 employees
Short description
Texas-based general contractor (founded 1985) delivering construction management, design-build, and preconstruction services across K-12, higher education, multifamily, senior living, commercial, and industrial sectors from four regional offices in Plano, Houston, Austin, and San Antonio.
Ownership category
akta.pro rank

Cadence McShane Construction Company industry classification

Industry
Product category
Commercial Construction Services
NAICS
Architectural, Engineering, and Related Services (5413), Engineering Services (54133)
SIC
General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520), Services-Engineering Services (8711)
akta.pro primary industry
Construction Program Management (Multi-site/Portfolio) (IMAFAAAF)
akta.pro secondary industry
Construction Engineering & Constructability Consulting (BPAHAIAN)

Keywords

  • Construction management services
  • Design-build construction
  • General contracting
  • Commercial construction
  • Multifamily construction

Where Cadence McShane Construction Company is headquartered

Location

Headquarters

HQ city
Addison
HQ country
United States
HQ region
North America

Offices4 records

Markets served

Cadence McShane Construction Company business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

  1. Construction Management Services: Provides construction management services offering preconstruction, construction management at risk, design-build, design-assist, and general construction services. Revenue is project-based, earned through construction contracts with guaranteed price arrangements.
  2. Design-Build Services: Single source responsibility for both design and construction, providing early project cost guarantee and shorter overall project schedules
  3. Development Services: Comprehensive development services including feasibility, design assistance, construction and fulfillment services

Pricing tiers

ModelBillingPrice
OtherMulti-year contractProject-based custom quotes

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Cadence McShane Construction Company product offering

Product offering

Core offering

Cadence McShane Construction Company is a Texas-based general contractor offering construction management, design-build, design-assist, preconstruction, general construction, and development services across K-12 Education, Higher Education, Commercial, Industrial, Multifamily, and Senior Living market sectors. The firm delivers projects under guaranteed maximum price arrangements and single-source design-build contracts, supported by LEED-accredited sustainable construction practices and an award-winning safety program. It operates from four Texas regional offices and is part of The McShane Companies.

Product overview

Cadence McShane Construction Company is a general contractor offering a unified suite of construction services rather than a modular software platform. The company's core offerings span the entire project lifecycle from preconstruction planning through development services and final construction delivery. Service delivery methods include Preconstruction, Construction Management at Risk, Design-Build, Design-Assist, and General Construction. The company specializes in five primary market sectors: K-12 Education, Higher Education, Commercial (office, retail/mixed-use, hospitality), Industrial (distribution, manufacturing, food & beverage), Multifamily (market rate and affordable housing), and Senior Living. Supporting services include sustainability/green building practices leveraging LEED Accredited Professionals and a comprehensive safety program with award-winning outcomes. The company operates from regional offices in Dallas (headquarters), Houston, Austin, and San Antonio, Texas.

Differentiator

Problem solved

Functional benefit

Products and services

  • Preconstruction Services
  • Construction Management at Risk
  • Design-Build
  • Design-Assist
  • General Construction
  • Development Services
  • Sustainability Services
  • Safety Program

Quantifiable outcome

  • Completed over $1.4 billion in K-12 projects in past five years
  • +3 more outcomes

Companies that use Cadence McShane Construction Company

Customer profile

Named customers7 records

Segments6 records

Ideal customer profiles6 records

Cadence McShane Construction Company technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Cadence McShane Construction Company partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered core and minor.

  • Morales ConstructioncoreStrategic or Co-development Partner · 17 June 2026Joint venture partner with Cadence McShane on the Trinidad 'Trini' Garza Early College High School project for Dallas College. The partnership combines Cadence McShane's construction expertise with Morales Construction's local market knowledge.
  • Lockton CompaniesminorOthersEnlisted for assessing financial health and qualifications of trade partners. Part of the trade partner pre-qualification process to support Subcontractor Default Insurance (SDI) requirements.
  • COMPASSminorOthersTechnology platform used for trade partner questionnaire and pre-qualification process. Manages credit and safety record risk ratings for trade partner selection.
  • BRW ArchitectscoreStrategic or Co-development PartnerDesign architect for Trinidad 'Trini' Garza Early College High School project. Provided architectural services for the 45,000 square foot early college center.
  • HuckabeecoreStrategic or Co-development PartnerArchitect of record for Henry W. Longfellow Career Exploration Academy project. Provided architectural design for the 143,000 square foot replacement school.
  • Lamar Johnson CollaborativecoreStrategic or Co-development PartnerDesign architect for Broadway Chapter Apartments project. Designed the 320,000 square foot multifamily complex in Fort Worth.
  • CRG Real Estate SolutionscoreImplementation/ SI/ Consulting PartnerClient/developer for Broadway Chapter Apartments project. Commissioned the construction of the 320,000 sq ft multifamily community in Fort Worth's Near Southside district.
  • McShane ConstructioncoreStrategic or Co-development PartnerSister company within The McShane Companies. Together recognized as one of the largest general contractors in the United States with Top-10 national rankings across Multifamily and Education sectors.
  • ACE Mentor Program HoustonminorGTM or Marketing PartnerCharitable beneficiary of CMC Pickleball Classic event. Net proceeds from the tournament support the ACE Mentor Program Houston, which provides mentorship in architecture, construction, and engineering careers.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Cadence McShane Construction Company competitors and assessment

Company assessment

Direct peers

  • McCarthy Building Companies: National employee-owned general contractor with deep portfolios in K-12/higher education, multifamily, and senior living — directly overlapping Cadence McShane's core verticals and design-build delivery model.
  • Flintco: Oklahoma/Texas-headquartered general contractor with comparable size, scope, and vertical mix across education, commercial, healthcare, and multifamily — a close regional competitor to Cadence McShane in Texas.
  • Hensel Phelps: National employee-owned GC with strong education, multifamily, and senior living practices; competes head-to-head with Cadence McShane on design-build pursuits in Texas and across the Sunbelt.
  • Hunt Companies: Developer and general contractor with significant multifamily and affordable housing exposure; competes with Cadence McShane on multifamily/affordable housing projects in Texas and nationally.
  • Hoar Construction: Mid-size regional general contractor with comparable multifamily, senior living, and education focus; similar size, family-influenced culture, and design-build delivery model to Cadence McShane.

Broad incumbents

  • Balfour Beatty Construction: Large national general contractor with multifamily, education, and commercial capabilities; broader portfolio than Cadence McShane but increasingly active in Texas Sunbelt markets.
  • Turner Construction Company: Largest U.S. general contractor by revenue with broad education, commercial, and multifamily practices; competes with Cadence McShane on larger Texas pursuits as a national incumbent.

Others

  • Gilbane Building Company: Large private national GC with strong education and multifamily practices; broader geographic reach than Cadence McShane and a competitor on Texas design-build pursuits.

Regional players

  • Hill & Wilkinson General Contractors: Texas-based general contractor with comparable multifamily, industrial, and commercial practices; competes locally with Cadence McShane in North Texas and state-wide.
  • Andres Construction Services: Texas-focused general contractor with multifamily, education, and mixed-use experience; a direct regional peer competing with Cadence McShane for Texas project wins.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Cadence McShane Construction Company social profiles

Digital presence

Cadence McShane Construction Company financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Cadence McShane Construction Company leadership team

Management profile

Number of profiles

Profiles18 records

Cadence McShane Construction Company funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Cadence McShane Construction Company M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cadence McShane Construction Company

What does Cadence McShane Construction Company do?

Cadence McShane Construction Company is a Texas-based general contractor offering construction management, design-build, design-assist, preconstruction, general construction, and development services across K-12 Education, Higher Education, Commercial, Industrial, Multifamily, and Senior Living market sectors. The firm delivers projects under guaranteed maximum price arrangements and single-source design-build contracts, supported by LEED-accredited sustainable construction practices and an award-winning safety program. It operates from four Texas regional offices and is part of The McShane Companies.

Is Cadence McShane Construction Company a public or private company?

Cadence McShane Construction Company is a private company. It is classified as family owned and is currently operating.

When was Cadence McShane Construction Company founded?

Cadence McShane Construction Company was founded in 1985. It employs 101 to 250 people.

Where is Cadence McShane Construction Company based?

Cadence McShane Construction Company is headquartered in Addison, United States, in the North America region.

How does Cadence McShane Construction Company make money?

Three revenue lines are on record. Construction Management Services are the primary driver. The others are design-Build Services and development Services.

Who are Cadence McShane Construction Company's main competitors?

Direct peers on record are McCarthy Building Companies, Flintco, Hensel Phelps, Hunt Companies and Hoar Construction. Broad incumbents are Balfour Beatty Construction and Turner Construction Company. Gilbane Building Company is listed as an others. Regional players are Hill & Wilkinson General Contractors and Andres Construction Services.

Does Cadence McShane Construction Company have an API?

No public API is recorded for Cadence McShane Construction Company.

What industry is Cadence McShane Construction Company in?

Cadence McShane Construction Company's product category is Commercial Construction Services. Its primary akta.pro industry code is IMAFAAAF, Construction Program Management (Multi-site/Portfolio), with a secondary code of BPAHAIAN, Construction Engineering & Constructability Consulting. Its NAICS code is 5413 and its SIC code is 1540.

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Live signals
BisnowFeds Raid North Texas-Based Contractor As Part Of HUD InvestigationFederal authorities raided Cadence McShane Construction's offices in Austin, Plano, and San Antonio, seizing records and cellphones. The raid follows a whistleblower suit alleging the contractor overcharged the U.S. government on a multifamily project, exceeding the 10% profit cap. The company claims the suit is without merit and remains committed to HUD work.CredailyFeds Raid Cadence McShane Offices Over HUD Housing ClaimsFederal and state officers raided Cadence McShane Construction offices in Austin, San Antonio, and Plano, seizing boxes and cell phones. The raid follows a whistleblower lawsuit alleging a 17% profit margin on a HUD project exceeded the 10% cap by about $7 million. The investigation is ongoing, with the company cooperating and no arrests made.KXAN AustinGeneral contractor’s office in Austin raided by federal authoritiesFederal authorities raided the Austin, San Antonio and Plano offices of Plano-based Cadence McShane Construction Co. LLC on Aug. 26, with more than a half-dozen eyewitnesses reporting around 15 officers entering the Austin location. Srinath Kasturi, the company's Austin executive vice president, said the U.S. Housing and Urban Development obtained records from a previous project, with no arrests or detainments.American City Business JournalsFeds raid Cadence McShane Construction office in PlanoFederal and state officers were seen at Cadence McShane Construction's Austin location this week, and the company said at least three of its offices were raided. An executive told reporters the matter is without merit. No further details of the raids were disclosed.American City Business JournalsFeds raid Cadence McShane Construction's offices in AustinMore than a dozen federal and state officers were seen raiding Cadence McShane Construction's Austin office on MoPac Expressway on Aug. 26, according to at least six eyewitnesses to the Austin Business Journal. The company's local office was one of at least three raided, and an executive said the matter is without merit.American City Business JournalsFeds raid Cadence McShane Construction's offices in AustinFederal and state officers raided Cadence McShane Construction's Austin offices on Aug. 26, with at least three locations targeted. Eyewitnesses reported around 15 officers at the MoPac Expressway office, and an executive said the matter is without merit.