Company: LGN
Filing Date: 2025-09-02
Form Type: S-1/A
Source: 0001193125-25-193346
Chunk: 343

Company: Legence Corp.
Filing Date: 2025-09-02
Form: S-1/A
Chunk 343
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     | $ |        (4,480 | ) |

These pro forma combined historical results were adjusted for: an increase in interest expense for debt incurred by the Company to finance the transactions, increased depreciation and amortization expense due to the fair value of fixed assets and intangible assets, adjustments for operating lease right-of-useasset lease expense, and the reclassification of transaction expenses to the beginning of the respective pro forma period for each acquisition. The pro forma combined historical results do not eliminate the impact of Acquisition-related costs nor any cost savings or other synergies that may result from the acquisitions. Results of Operations For the three and six months ended June 30, 2024, Revenue of $18.2 million and $24.0 million, respectively, and Net income attributable to Legence of $0.3 million and $0.5 million, respectively, are included on the Condensed Consolidated Statements of Operations for the P2S acquisition. F-75

Legence Holdings LLC and Subsidiaries Notes to Condensed Consolidated Financial Statements—(Continued) (Unaudited) Note 5—Goodwill and Intangible Assets The following is a summary of changes in the carrying value of Goodwill by segment (in thousands):

| Carrying value of Goodwill      |     | Engineering & 
 Consulting    |         |     | Installation & 
 Maintenance    |         |     | Total |         |
|:--------------------------------|:----|:--------------|--------:|:----|:---------------|--------:|:----|:------|--------:|
| Balance, December 31, 2024      |     | $             | 433,077 |     | $              | 348,117 |     | $     | 781,194 |
| Measurement period adjustments  |     |               |   1,737 |     |                |       — |     |       |   1,737 |
| Balance, June 30, 2025          |     | $             | 434,814 |     | $              | 348,117 |     | $     | 782,931 |
| Accumulated goodwill impairment |     |               |         |     |                |         |     |       |         |
| Balance, December 31, 2024      |     | $             |  22,855 |     | $              |  47,407 |     | $     |  70,262 |
| Balance, June 30,