The roofing industry isn’t what it used to be. With new technologies and methodologies emerging, it’s crucial to stay updated. At this conference, you’ll learn about the latest trends and strategies that can help you stay ahead of your competitors.There has been much written throughout the years about LB Capital Founder Lance Bachmann.
From his early years in and around Philadelphia to his time at AT&T, his early life set the stage for what would be the next chapter of Bachmann’s life: business owner.
Outside of Bachmann himself, though, you could probably count on one hand the people who would have ever thought his companies would be as successful as they are in 2024.
And if you asked him a while ago, even HE might not have believed at times, in his wildest dreams, that LB Capital would be scaling these heights.
As we head into the final months of 2024, Bachmann has turned LB Capital into a force in the roofing space. LB Capital, which Bachmann started in 2023 after he sold 1SEO (his digital marketing company started in 2009), has been growing at an exponential rate over the last 12 months. Currently, the LB Capital Family of Companies includes roofing and siding companies all across America: Munz Roofing (in the New Jersey/Eastern Pennsylvania market), Lee’s Roofing (in the Fresno and Sacramento, California market), Roofing Pups (in the Utah, Georgia, Maryland, South Carolina, and Upstate New York markets), and Planet Roof (in the Pittsburgh and Altoona Western Pennsylvania markets).
LB Capital also owns the Roofing Process Conference, and also has interests in four tech companies as well: Shock I.T. Support, Network Drops, Cabling Drops, and Titan Pro Technologies. Of course, he has also sold 1SEO, Dilling Heating and Cooling, as well as Cherry Roofing, all over the last few years.
Thanks to his hard work over the years, Bachmann now has a net worth over $100 million, and that number will continue to grow.
“Grow” is apropos for LB Capital and Bachmann, who grows and scales companies to the point that they are worth many times what they were when he took over, then sells those companies to private equity.
It is a tried and true formula that has worked very well for Bachmann, and one that will continue to see his net worth skyrocket throughout the rest of the year, decade, and beyond.
“I’ve always believed that success is built on hard work, grit, and a relentless drive to push forward, no matter what obstacles are in your way,” Bachmann said. “I didn’t come from money, and no one handed me anything. Everything I’ve built, from 1SEO to LB Capital, came from a vision and putting in the work, day in and day out.
“People doubted me early on—hell, there were days I doubted myself—but you have to stay the course. Surround yourself with people who believe in the mission, and never stop learning. What I’ve done with LB Capital is just the beginning. We’ve acquired some amazing companies in the roofing space, and they’re growing faster than anyone could’ve imagined. That’s because we put in the time, we put in the effort, and we hold ourselves accountable to being the best.
“The truth is, if you’re not thinking about growth, you’re already losing. Every day, I wake up thinking about how we can improve, how we can scale, how we can take these companies to the next level. The roofing industry might not be as sexy as tech, but I see opportunities where others don’t.
“It’s about more than just building businesses—it’s about building teams, building systems, and building a legacy. I’ve always been committed to giving 100%, and I expect the same from everyone I work with.”
There have been home run deals in the businesses Bachmann has already sold–1SEO, Cherry Roofing and Siding, and Dilling Heating and Cooling have each gone for eight-figure sums–as well as Painting Pups, which gave Bachmann and LB Capital sales in four different verticals.
As we enter the final months of this year, though, the focus is clearly on the roofing space for Bachmann and LB Capital. With the 6th Annual Roofing Process Conference (the first with Bachmann helping lead the charge) set for Marco Island, Florida December 4th to the 6th–with the main topic “Build it to sell it”–it will be a strong end to 2024 on the Family of Companies’ roofing side.
