Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 169

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 169
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 securing new business and are supported by a team of dedicated sales professionals. We
believe our approach maximizes interaction with key decisionmakers at prospective and existing clients, increases the credibility of our offering because the same individuals provide the service that make the sale and enables us to sell a large
number of jobs with minimal sales and marketing expense.

We seek to increase awareness of our company and capabilities through
participation in key industry organizations, conferences and events including ASHRAE, Greenbuild, Data Center Dynamics, the American Society for Healthcare Engineering and the International Facility Management Association, among others. We also use
digital marketing, including search engine optimization, social media and content marketing, combined with targeted public relations efforts, such as securing industry media coverage, to drive lead generation.

Clients

We generally refer to the owner
or operator of the building we work in as our “client.” Our contractual customer may or may not be the client as we often are contracted through intermediaries such as architects and general contractors who subcontract MEP services to us
as part of a larger project, as is customary in our industry. We provided services to more than 19,000 clients from 2019 through 2024 who operate in diverse end markets, including data centers, life sciences, healthcare, semiconductors,
manufacturing and education.We typically have long-term relationships with our clients, and, as of December 31, 2024, the average length of our relationship with our top 10 clients was 26 years. Certain of our client relationships have
existed for over 40 years. The following chart sets forth our 2024 revenues by client end market:

Note: For the fiscal year ended December 31, 2024.

From 2021 to 2024, no client represented more than 5% of our revenues, after giving pro forma effect to acquisitions we made over that period.
Our top 10 clients represented approximately 21% of our revenues over the period from 2021 to 2024, after giving pro forma effect to acquisitions made over that period.

Human Capital

Employees. As of
June 30, 2025, we had approximately 6,000 full-time employees. We have 37 active collective bargaining agreements covering approximately 3,400 employees which are typically renewed every

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three years. We have not experienced any significant grievances, strikes or work stoppages over the past decade. We believe our relations with employees covered by collective bargaining
agreements are good.

Recruiting