Company: LGN
Filing Date: 2025-12-09
Form Type: S-1
Source: 0001193125-25-312729
Chunk: 272

Company: Legence Corp.
Filing Date: 2025-12-09
Form: S-1
Chunk 272
---
|:------|--------:|
| Cash                                                |     | $   | 62,520 |     | $   | 154,916 |     | $           | 3,203 |     | $     | 220,639 |
| Legence Parent issuance of Legence Parent interests |     |     | 20,719 |     |     |       — |     |             | 1,381 |     |       |  22,100 |
| Holdback                                            |     |     |      — |     |     |     983 |     |             |     — |     |       |     983 |
| Total consideration transferred                     |     | $   | 83,239 |     | $   | 155,899 |     | $           | 4,584 |     | $     | 243,722 |

Legence 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 Legence 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 September 30, 2025 and December 31, 2024, there was $1.0 million and $2.8 million, respectively, of holdback included in Accrued and other current liabilities on the Consolidated Balance Sheets related to 2024 acquisitions. F-23

Legence Corp. Notes to Condensed Consolidated Financial Statements - (Continued) (Unaudited) 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 |         |   |
|:----------------------------------------------------|:----|:----|--------:|:--|:----|:----|--------:|:--|:----|:------------|------:|:--|:----|:------|--------:|:--|
| Cash                                                |     | $   |   1,330 |   |     | $   |   2,578 |   |     | $           |     — |   |     | $     |   3,908 |   |