Company: LGN
Filing Date: 2025-08-15
Form Type: S-1
Source: 0001193125-25-181698
Chunk: 321

Company: Legence Corp.
Filing Date: 2025-08-15
Form: S-1
Chunk 321
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167 |   |     |      |  88,920 |   |
| Cash and cash equivalents, end of period                                                        |     | $                         |  97,899 |   |     | $    | 203,642 |   |

The supplemental disclosures to the Condensed Consolidated Statements of Cash Flows are included in “ Note 15 – Other Financial Information” See Notes to Condensed Consolidated Financial Statements. F-68

Legence Holdings LLC and Subsidiaries

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Note 1—Nature of Operations and Basis of Presentation

Legence Holdings LLC and its subsidiaries (“Legence” or the “Company”) are a leading
provider of engineering, installation and maintenance services for mission-critical systems in buildings. The Company focuses on high-growth sectors that have technically demanding buildings, including technology, life sciences, healthcare and
education. Legence specializes in designing, fabricating and installing complex heating, ventilation and air conditioning (“HVAC”), process piping and other mechanical, electrical and plumbing (“MEP”) systems for new
facilities and upgrading HVAC, lighting and building controls in existing facilities to make them more energy efficient and sustainable. Services are primarily provided on a fixed price basis.

The Company was formed as a single-member limited liability company under the laws of the State of Delaware on October 30, 2020. Legence is a
wholly-owned subsidiary of Legence Intermediate LLC (“Member”) which is a wholly-owned subsidiary of Legence Parent LLC (“Parent”). The powers of Legence will be exercised by the authority of Parent, as the Company’s
ultimate parent. Parent has designated certain individuals as officers of the Company. Earnings per share is not presented on the Condensed Consolidated Financial Statements as the Company is a single member limited liability company.

The accompanying unaudited Condensed Consolidated Financial Statements of Legence were prepared in accordance with accounting principles generally accepted in
the United States (“GAAP”) for interim financial information and the instructions to Form 10-Q and Regulation S-X. Accordingly, these financial statements do
not include all information or notes required by GAAP for annual financial statements and should be read together with the Company’s audited Consolidated Financial Statements and notes thereto for the year ended December 31, 2024 included
in this Form S-1. In the opinion of management, the accompanying unaudited Condensed Consolidated Financial Statements includes all adjustments (consisting of normal recurring adjustments