Company: LGN
Filing Date: 2025-12-09
Form Type: S-1
Source: 0001193125-25-312729
Chunk: 327

Company: Legence Corp.
Filing Date: 2025-12-09
Form: S-1
Chunk 327
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 and Green
Building Certifications for institutional asset managers. Promissory notes were issued to the sellers with a face amount of $9.0 million, which accrues interest at 5.5%. Interest is added to the principal amount of the note on a quarterly
basis. The full principal and interest are due at the earlier of the end of the 5-year term or upon a sale event as defined in the note agreement. The acquisition-date fair value of the promissory notes was
$7.8 million. The Lord Green operations and associated goodwill are included in the Engineering & Consulting segment.

During the year ended December 31, 2022, the Company acquired five other businesses, collectively referred to as “Other 2022
Acquisitions”. Three businesses are part of the Engineering & Consulting segment. These businesses include an energy budget consultant, project development and energy commodity firm based in Pennsylvania, a consulting engineering
services firm based in California and a consulting engineering services firm based in Colorado. The other two acquired business are part of the Installation & Maintenance segment. One business is a full spectrum boiler sales, installation,
maintenance and repair service provider based in New Mexico and a process piping contractor based in California.

F-72

Total consideration transferred of $194.5 million for the 2022 acquisitions consists of the following (in thousands):

|                                     |     | Black Bear |        |     | SC        
 Engineers |        |   |     | Lord Green |        |   |     | Other 2022   
 Acquisitions |        |   |     | Total |         |   |
|:------------------------------------|:----|:-----------|-------:|:----|:----------|-------:|:--|:----|:-----------|-------:|:--|:----|:-------------|-------:|:--|:----|:------|--------:|:--|
| Cash                                |     | $          | 41,482 |     | $         | 28,645 |   |     | $          | 49,303 |   |     | $            | 15,210 |   |     | $     | 134,640 |   |
| Parent issuance of Parent interests |     |            | 10,000 |     |           | 10,000 |   |     |            |      — |   |     |              |  3,750 |   |     |       |  23,750 |   |
| Contingent