Letap Construction

What Letap Construction does

Letap Construction operates commercially as MHG Construction LLC (a subsidiary of L.E.T. Group, Inc.), a full-service general contractor headquartered at 1220 Brookville Way in Indianapolis, Indiana. The company delivers commercial and industrial construction services including new construction, adaptive reuse and remodeling, and tenant improvements, primarily for enterprise hospitality and commercial/industrial clients across the Midwest United States. Cumulative construction value completed exceeds $250 million across more than 1,950,000 square feet, with four projects concurrently under construction at the time of disclosure.

The core offering is general contracting services sold on a project-by-project, quote-based pricing model where contract value is determined by scope, complexity, and specifications. With a lean in-house team of roughly 7 employees, execution relies on a heavy subcontractor model across trades. The customer base includes major hospitality brands — Marriott International (Courtyard by Marriott and SpringHill Suites), Hilton (Home2 Suites) — alongside Extra Space Storage in self-storage and municipal clients such as the Town of Speedway for the Founders Square commercial development.

Distribution is primarily direct enterprise field sales targeting commercial and industrial clients, supplemented by referrals and public project bidding. Marketing is conducted through a website portfolio showcase and earned media (news and PR) covering project milestones, rather than performance marketing. Legal entity is MHG Construction LLC, a privately held LLC domiciled in Indianapolis; the operating geographies are concentrated in the Midwest region of the United States, with no claim of global footprint.

Name

Letap Construction

Legal name

MHG Construction LLC

Website

https://letapconstruction.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Letap Construction (operating as MHG Construction LLC) is a full-service Indianapolis-based general contractor specializing in commercial and industrial construction, serving enterprise hospitality, commercial real estate, and municipal clients across the Midwest US.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Nonresidential Building Construction (2362), Industrial Building Construction (23621)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Office & Corporate Building Construction (IMAFACAA)

Keywords

• General contracting services
• Commercial construction
• Industrial construction
• Adaptive reuse construction
• Tenant improvements

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain

Revenue model

1. Construction Services: Revenue generated through general contracting services for commercial and industrial construction projects including new construction, adaptive reuse, remodeling, and tenant improvements. Projects are delivered on a per-project basis with pricing based on scope, complexity, and specifications.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Letap Construction operates as MHG Construction LLC, a full-service general contractor based in Indianapolis, Indiana, specializing in commercial and industrial construction. The company delivers new construction, adaptive reuse and remodeling, and tenant improvement projects on a per-project basis, with a focus on meeting completion dates without compromising safety, cost, or quality.

Product overview

MHG Construction is a single, unified construction service offering — a full-service general contractor specializing in commercial and industrial construction. The core offering is general contracting services encompassing new construction, adaptive reuse and remodeling, and tenant improvements. The company also showcases a portfolio of completed projects including hotels (Courtyard by Marriott, Springhill Suites, Home2 Suites) and storage facilities (Extra Space Storage), demonstrating their project execution capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• General Contracting Services

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• L.E.T. Group, Inc.parent/ownershipOthersL.E.T. Group, Inc. is the parent company of MHG Construction. The relationship indicates MHG Construction operates as a subsidiary or division of the L.E.T. Group.

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Pepper Construction: Chicago-based general contractor serving commercial, hospitality, healthcare, and industrial clients across the Midwest. Highly comparable given shared Midwest geography, hospitality vertical exposure, and similar full-service GC business model.
• Shiel Sexton Company: Indianapolis-based full-service general contractor specializing in commercial, hospitality, healthcare, and cultural construction. Most direct local comparable given overlapping geography, vertical mix, and project delivery model.
• Beck Group: Mid-market commercial general contractor with design-build capabilities across hospitality, commercial, and mixed-use developments. Comparable given similar mid-scale commercial GC positioning and hospitality vertical exposure.
• Tonn and Blank Construction: Indiana-based general contractor specializing in commercial, industrial, healthcare, and education construction. Direct Midwest peer with similar commercial/industrial focus and project profile to MHG Construction.
• Weddle Brothers Construction Group: Indianapolis-based general contractor focused on commercial, healthcare, hospitality, and higher education projects. Closely comparable given Indianapolis headquarters, hospitality vertical overlap, and mid-market commercial GC positioning.

Broad incumbents

• M.A. Mortenson Company: National general contractor with significant hospitality, commercial, and renewable energy construction portfolio. Comparable as a commercial GC operating in hospitality and commercial real estate at substantially larger scale.
• Gilbane Building Company: National commercial, hospitality, healthcare, and education general contractor with strong brand-spec hospitality relationships. Comparable as a commercial GC competing for similar hotel and commercial real estate clients.
• Messer / Balfour Beatty (joint venture): Major Midwest-headquartered general contractor with extensive commercial, hospitality, and healthcare portfolio. Comparable commercial GC competitor with substantially larger scale and broader capabilities.
• Barton Malow Company: Michigan-based national general contractor serving commercial, hospitality, sports, and industrial markets. Comparable as a commercial GC with Midwest roots expanding into similar hospitality and commercial real estate verticals.
• The Weitz Company: National general contractor with deep commercial and hospitality portfolio across data centers, hospitality, and industrial. Comparable as a scaled commercial GC operating in similar verticals, though with substantially broader geographic reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/letap-construction

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Letap Construction