Company: LGN
Filing Date: 2025-09-02
Form Type: S-1/A
Source: 0001193125-25-193346
Chunk: 296

Company: Legence Corp.
Filing Date: 2025-09-02
Form: S-1/A
Chunk 296
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|:------------------------------------|:----|:----|-------:|:----|:----|--------:|:----|:------------|------:|:--|:----|:------|--------:|:--|
| Cash                                |     | $   | 62,520 |     | $   | 154,566 |     | $           | 3,100 |   |     | $     | 220,186 |   |
| Parent issuance of Parent interests |     |     | 20,719 |     |     |       — |     |             | 1,381 |   |     |       |  22,100 |   |
| Holdback                            |     |     |      — |     |     |   2,672 |     |             |   168 |   |     |       |   2,840 |   |
| Purchase price receivable           |     |     |      — |     |     |       — |     |             |   (65 | ) |     |       |     (65 | ) |
| Total consideration transferred     |     | $   | 83,239 |     | $   | 157,238 |     | $           | 4,584 |   |     | $     | 245,061 |   |

Parent issued 9,189 and 613 Series C Common Interests in the Company’s purchase of P2S and Other 2024 Acquisition, respectively. The fair value of Parent interests was estimated utilizing the OPM. Holdback amounts reflect consideration transferred to be paid in cash after the acquisition date assuming conditions for release of the holdback are met. As of December 31, 2024, there is $2.8 million in holdback included in Accrued and other current liabilities on the Consolidated Balance Sheets related to 2024 acquisitions. A summary of the purchased assets and liabilities for the 2024 acquisitions acquired at their fair value was as follows (in thousands):

|                                                     |     | P2S |         |   |     | AMA |         |   |     | Other 2024  
 Acquisition |       |   |     | Total |         |   |
|:----------------------------------------------------|:----|:----|--------:|:--|:----|:----|--------:|:--|:----|:------------|------:|:--|:----|:------|--------:|:--|
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