Company: LGN
Filing Date: 2025-02-14
Form Type: DRS
Source: 0000950123-25-002471
Chunk: 259

Company: Legence Corp.
Filing Date: 2025-02-14
Form: DRS
Chunk 259
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.0 million. See “ Note 4—Acquisitions” for further information. Future amortization of intangible assets as of December 31, 2023 was as follows (in thousands):

| Year ending December 31: 
 2024                     |     |   |  71,226 |
|:-------------------------|:----|:--|--------:|
| 2025                     |     |   |  68,883 |
| 2026                     |     |   |  66,175 |
| 2027                     |     |   |  65,942 |
| 2028                     |     |   |  65,942 |
| Thereafter               |     |   | 279,979 |
|                          |     | $ | 618,147 |

F-28

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 Legence Holdings LLC and Subsidiaries Notes to Consolidated Financial Statements Note 6—Property and Equipment, net Property and equipment are summarized by major classifications as follows (in thousands):

| Property and equipment classification |     | December 31, 2023 |         |   |
|:--------------------------------------|:----|:------------------|--------:|:--|
| Autos and trucks                      |     | $                 |  34,359 |   |
| Computer equipment and software       |     |                   |  31,567 |   |
| Leasehold improvements                |     |                   |  15,090 |   |
| Equipment and tools                   |     |                   |  21,561 |   |
| Office furniture and other            |     |                   |   2,998 |   |
| Finance lease assets (1)              |     |                   |   8,452 |   |
| Work-in-progress                      |     |                   |     938 |   |
| Property and equipment, gross         |     |                   | 114,965 |   |
| Less: Accumulated depreciation        |     |                   | (43,221 | ) |
| Property and equipment, net           |     | $                 |  71,744 |   |

| (1) | See “Note 7—Leases” for further information. |

The depreciation expense on property and equipment amounted to $22.7 million and $16.6 million for the years ended December 31, 2023 and