Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 172

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 172
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 to our Installation & Maintenance segment. We believe that our existing facilities are adequate for our current requirements and comparable or alternative space is readily available to accommodate our operations. Insurance and Risk Management We maintain a comprehensive general liability insurance policy with an umbrella policy and multiple excess policies that cover losses beyond the general liability limits. Our umbrella and excess policies are attached to our general liability, workers compensation and automobile liability policies. We also maintain workers’ compensation, automobile and other insurance policies that are required in our industry. When we perform higher-risk work, we obtain, if available, the necessary types of insurance coverage for such activities, as is typically required by our clients. We obtain insurance coverage through a broker that is experienced in our industry. The broker and our risk manager regularly review the adequacy of our insurance coverage and overall program as well as our contracts to ensure compliance with our insurance requirements. Because there are various exclusions and retentions under our policies, or an insurance carrier may become insolvent, there can be no assurance that all potential liabilities will be covered by our insurance policies or paid by our carrier. We evaluate the risk associated with insurance claims. If we determine that a loss is probable and reasonably estimable, we establish an appropriate reserve in consultation with our assigned insurance adjustor. A reserve is not established if we determine that a claim has no merit or is not probable or reasonably estimable. We conduct quarterly claim reviews to address our insurance exposure and current reserves. We believe our historic levels of insurance coverage and reserves have been adequate. Recent Acquisitions We have made approximately 20 acquisitions since December 2020. The following are the acquisitions we made in 2023 and 2024 whose trailing 12 months revenue exceeded $50 million, which are insignificant for financial reporting purposes:

| • |     | In July 2024, Legence acquired AMA Consulting Engineers Holdings LLC, a provider of engineering services focused 
 primarily on technology, media and broadcasting markets in New York, New Jersey, California and Florida.         |

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| • |     | In March 2024, Legence acquired P2S, LP, a provider of engineering services primarily to the healthcare and 
 education markets, with a significant presence in Los Angeles, California and Seattle, Washington.          |

| • |     | In September 2023, Legence acquired A.O. Reed & Co., LLC, a provider of mechanical contracting services,                              
 including design, installation and maintenance primarily for the life sciences and healthcare markets throughout Southern California. |

Corporate Sustainability We have set clear