Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 294

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 294
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   |     |       | (21,235 | ) |
| Long-term debt, net of current portion              |     |     |       — |   |     |     |     (65 | ) |     |             |     — |   |     |       |     (65 | ) |
| Other long-term liabilities                         |     |     |       — |   |     |     | (11,770 | ) |     |             |     — |   |     |       | (11,770 | ) |
| Deferred tax liabilities, net                       |     |     |     (52 | ) |     |     |       — |   |     |             |    (3 | ) |     |       |     (55 | ) |
|                                                     |     |     | -33,873 |   |     |     | -37,877 |   |     |             |  -132 |   |     |       | -71,882 |   |
| Net acquired assets                                 |     | $   |  83,239 |   |     | $   | 157,238 |   |     | $           | 4,584 |   |     | $     | 245,061 |   |

F-31

Legence Holdings LLC and Subsidiaries Notes to Consolidated Financial Statements In the AMA acquisition the Company assumed uncertain tax benefits associated with consolidated VIEs, including interest and penalties, of $11.8 million, which is recorded in Other long-term liabilities. The seller agreed to indemnify the Company for the outcome of these uncertain tax liabilities. Accordingly, the Company recognized a corresponding $11.8 million indemnification asset in Other assets. See “ Note 15—Income Taxes” for further information. Finite-lived intangible assets that are being amortized using the straight-line method over their estimated lives at the applicable acquisition dates in 2024 consist of the following (in thousands, except weighted-average useful lives):

|                        |     | P2S |         |     | AMA |         |     | Other 2024  
 Acquisition |        |     | Total |         |     | Weighted-   
 average     
 Useful Life 
 (in years)  |      |
|:-----------------------|:----|:----|--------:|:----|:----|--------:|:----|:------------|-------:|:----|:------|--------:|:----|:------------|-----:|
| Customer relationships |