Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 327

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 327
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692 |

Prepaid expenses and other current assets consists of the following (in thousands):

|                                           |     | December 31, |   2024 |     |   |   2023 |
|:------------------------------------------|:----|:-------------|-------:|:----|:--|-------:|
| Interest rate swaps                       |     | $            |  5,861 |     | $ | 22,052 |
| Prepaid expenses                          |     |              | 18,909 |     |   | 17,848 |
| Inventories                               |     |              | 10,247 |     |   | 10,004 |
| Deferred contract costs                   |     |              |  3,489 |     |   |  1,779 |
| Prepaid expenses and other current assets |     | $            | 38,506 |     | $ | 51,683 |

F-62

Legence Holdings LLC and Subsidiaries Notes to Consolidated Financial Statements Accrued and other current liabilities consist of the following (in thousands):

|                                                                                            |     | December 31, |   2024 |     |   |   2023 |
|:-------------------------------------------------------------------------------------------|:----|:-------------|-------:|:----|:--|-------:|
| Contingent consideration liabilities, current (including $0 and $33,199 as of December 31, 
 2024 and 2023, respectively, from related parties)                                         |     | $            |      — |     | $ | 65,700 |
| Other accrued liabilities                                                                  |     |              | 28,490 |     |   | 27,151 |
| Accrued and other current liabilities                                                      |     | $            | 28,490 |     | $ | 92,851 |

Consolidated Statements of Cash Flows Information Additional cash flow information was as follows (in thousands):

|                                                                                             |     | Year Ended December 31, |   2024 |     |   |   2023 |     |   |   2022 |
|:--------------------------------------------------------------------------------------------|:----|:------------------------|-------:|:----|:--|-------:|:----|:--|-------:|
| Cash paid for interest and taxes                                                            |     |                         |        |     |   |        |     |   |        |
| Interest paid, net of interest rate swaps and interest capitalization (