Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 297

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 297
---
     | Weighted-   
 average     
 Useful Life 
 (in years)  |     |
|:-----------------------|:----|---------:|------:|:----|----------:|-------:|:----|--------:|-------:|:----|------------:|----:|:----|--------:|-------:|:----|:------------|----:|
| Customer relationships |     |        $ | 1,630 |     |         $ | 61,900 |     |       $ | 12,100 |     |           $ | 325 |     |       $ | 75,955 |     |             | 9.6 |
| Trade names            |     |          | 1,440 |     |           | 12,600 |     |         |      — |     |             |   — |     |         | 14,040 |     |             | 9.2 |
| Contract backlog       |     |          |     — |     |           |  6,000 |     |         |  3,000 |     |             |  25 |     |         |  9,025 |     |             | 1.8 |
|                        |     |   $3,070 |       |     |   $80,500 |        |     | $15,100 |        |     |        $350 |     |     | $99,020 |        |     |             |     |

During the year ended December 31, 2024, the purchase accounting was completed for all 2023 acquisitions without any material measurement period adjustments. Goodwill arising from acquisitions is derived largely from expected synergies and growth as well as the acquired assembled workforces. Goodwill is deductible for tax purposes for the A.O. Reed and OCI acquisitions. Goodwill is not deductible for tax purposes for the San Jose Boiler acquisition. F-34

Legence Holdings LLC and Subsidiaries

Notes to Consolidated Financial Statements

Total Acquisition-related costs of $3.8 million were incurred during the year ended December 31,
2023, including $2.0 million for A.O. Reed, $1.0 million for OCI and $0.5 million for San Jose Boiler. These costs are included within Acquisition-related costs in the Consolidated Statements of Operations for the year ended
December 31, 2023.

2022 Acquisitions:

On
July 1, 2022, the Company