Company: LGN
Filing Date: 2025-12-09
Form Type: S-1
Source: 0001193125-25-312729
Chunk: 274

Company: Legence Corp.
Filing Date: 2025-12-09
Form: S-1
Chunk 274
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 | $ |               (929 | ) |     | $ |             (5,409 | ) |

These pro forma combined historical results were adjusted for: an increase in interest expense for debt incurred by the Company to finance the transactions, increased depreciation and amortization expense due to the fair value of fixed assets and intangible assets, adjustments for operating lease right-of-useasset lease expense, and the reclassification of transaction expenses to the beginning of the respective pro forma period for each acquisition. The pro forma combined historical results do not eliminate the impact of Acquisition-related costs nor any cost savings or other synergies that may result from the acquisitions. Results of Operations For the three and nine months ended September 30, 2024, Revenue of $40.3 million and $64.3 million, respectively, and Net loss attributable to Legence of $(1.6) million and $(1.1) million, respectively, are included on the Condensed Consolidated Statements of Operations for the businesses acquired during the nine months ended September 30, 2024. Note 5 - Goodwill and Intangible Assets The following is a summary of changes in the carrying value of Goodwill by segment (in thousands):

| Carrying value of Goodwill      |     | Engineering & 
 Consulting    |         |     | Installation & 
 Maintenance    |         |     | Total |         |
|:--------------------------------|:----|:--------------|--------:|:----|:---------------|--------:|:----|:------|--------:|
| Balance, December 31, 2024      |     | $             | 433,077 |     | $              | 348,117 |     | $     | 781,194 |
| Measurement period adjustments  |     |               |   1,737 |     |                |       — |     |       |   1,737 |
| Balance, September 30, 2025     |     | $             | 434,814 |     | $              | 348,117 |     | $     | 782,931 |
| Accumulated goodwill impairment |     |               |         |     |                |         |     |       |         |
| Balance, December 31, 2024      |     | $             |  22,855 |     | $              |  47,407 |     | $     |  70,262 |
| Balance, September 30, 2025     |     | $             |