Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 302

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 302
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rying 
            Amount |         |     | Accumulated  
 Amortization |          |   |     | Net Carrying 
       Amount |         |     | Weighted-      
 average        
 Remaining Life 
 (in years)     |      |
| Customer relationships |     |                 $ | 579,865 |     | $            | (100,393 | ) |     |            $ | 479,472 |     |                | 10.2 |
| Trade names            |     |                   | 174,070 |     |              | (43,071  | ) |     |              | 130,999 |     |                |  7.3 |
| Contract backlog       |     |                   |  24,065 |     |              | (16,389  | ) |     |              |   7,676 |     |                |  0.6 |
|                        |     |          $778,000 |         |     | $(159,853)   |          |   |     |     $618,147 |         |     |                |      |

The value of acquired identifiable intangibles at the applicable acquisition dates in 2024 and 2023 are $87.1 million and $99.0 million, respectively. See “ Note 4—Acquisitions” for further information. Future amortization of intangible assets as of December 31, 2024 was as follows (in thousands):

| Year ending December 31: 
 2025                     |     |   |  81,040 |
|:-------------------------|:----|:--|--------:|
| 2026                     |     |   |  73,634 |
| 2027                     |     |   |  73,402 |
| 2028                     |     |   |  73,402 |
| 2029                     |     |   |  73,376 |
| Thereafter               |     |   | 249,396 |
|                          |     | $ | 624,250 |

F-38

Legence Holdings LLC and Subsidiaries Notes to Consolidated Financial Statements Note 6—Variable Interest Entities and Equity Method Investments The Company holds interests in a number of joint ventures and other entities, some of which are VIEs. The Company consolidates a VIE when it is the primary beneficiary. For unconsolidated joint ventures, the Company accounts for its investment using the equity method