Company: LGN
Filing Date: 2025-08-15
Form Type: S-1
Source: 0001193125-25-181698
Chunk: 327

Company: Legence Corp.
Filing Date: 2025-08-15
Form: S-1
Chunk 327
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 expected to be recognized by
June 30, 2027.

Although remaining performance obligations reflect expected revenue values that are considered to be firm, cancellations, scope
adjustments or project deferrals may occur that impact the volume or the expected timing of revenue recognition.

Note 4—Acquisitions

During the three and six months ended June 30, 2025, the Company did not acquire any businesses, nor did the Company record material measurement period
adjustments for the businesses acquired during the year ended December 31, 2024.

2024 Acquisitions:

On March 1, 2024, the Company acquired all of the outstanding equity of P2S LP (“P2S”). P2S is a consulting engineering, commissioning and
construction management services firm based in California. This acquisition expands the Company’s services to new geographic markets and priority end markets throughout the Western United States. The P2S operations and associated goodwill are
included in the Engineering & Consulting segment.

On July 1, 2024, the Company acquired all of the outstanding equity of AMA Consulting
Engineers Holdings LLC (“AMA”). AMA is a consulting engineering, commissioning and construction management firm based in New York. This acquisition expands the Company’s geographic footprint, technical offerings and end markets.
The AMA operations and associated goodwill are included in the Engineering & Consulting segment.

During the year ended December 31, 2024,
the Company completed one other immaterial acquisition (“Other 2024 Acquisition”). The business is a part of the Engineering & Consulting segment and is an energy and sustainability advisory firm based in California. This
acquisition expands the Company’s service offerings with a focus on providing sustainability services, strategy, benchmarking and reporting services to commercial real estate clients.

F-73

Legence Holdings LLC and Subsidiaries Notes to Condensed Consolidated Financial Statements—(Continued) (Unaudited) Total consideration transferred of $243.7 million for the 2024 acquisitions consists of the following (in thousands):

|                                     |     | P2S |        |     | AMA |         |     | Other 2024  
 Acquisition |       |     | Total |         |
|:------------------------------------|:----|:----|-------:|:----|:----|--------:|:----|:------------|------:|:----|:------|--------:|
| Cash                                |     | $   | 62,520 |     | $   | 154,916 |