Company: LGN
Filing Date: 2025-09-02
Form Type: S-1/A
Source: 0001193125-25-193346
Chunk: 341

Company: Legence Corp.
Filing Date: 2025-09-02
Form: S-1/A
Chunk 341
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) Total consideration transferred of $243.7 million for the 2024 acquisitions consists of the following (in thousands):

|                                     |     | P2S |        |     | AMA |         |     | Other 2024  
 Acquisition |       |     | Total |         |
|:------------------------------------|:----|:----|-------:|:----|:----|--------:|:----|:------------|------:|:----|:------|--------:|
| Cash                                |     | $   | 62,520 |     | $   | 154,916 |     | $           | 3,203 |     | $     | 220,639 |
| Parent issuance of Parent interests |     |     | 20,719 |     |     |       — |     |             | 1,381 |     |       |  22,100 |
| Holdback                            |     |     |      — |     |     |     983 |     |             |     — |     |       |     983 |
| Total consideration transferred     |     | $   | 83,239 |     | $   | 155,899 |     | $           | 4,584 |     | $     | 243,722 |

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 Parent interests was estimated utilizing the option-pricing method (“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 June 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. 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 |         |   |
|:----------------------------------------------------|:----|:----|--------:|:--|:----|:----|--------:|:--|:----|:------------|------:|:--|:----