Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 336

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 336
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ers Holdings LLC (“AMA”). AMA is a consulting engineering, commissioning and construction management firm based in New York. This acquisition expands the Company’s geographic footprint, technical offerings and end markets.
The AMA operations and associated goodwill are included in the Engineering & Consulting segment.

During the year ended December 31, 2024,
the Company completed one other immaterial acquisition (“Other 2024 Acquisition”). The business is a part of the Engineering & Consulting segment and is an energy and sustainability advisory firm based in California. This
acquisition expands the Company’s service offerings with a focus on providing sustainability services, strategy, benchmarking and reporting services to commercial real estate clients.

F-73

Legence Holdings LLC and Subsidiaries Notes to Condensed Consolidated Financial Statements—(Continued) (Unaudited) 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,