Company: LGN
Filing Date: 2025-08-15
Form Type: S-1
Source: 0001193125-25-181698
Chunk: 341

Company: Legence Corp.
Filing Date: 2025-08-15
Form: S-1
Chunk 341
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      |             (220 | ) |     |      |       — |   |
| Equity in earnings of joint venture    |     |      |               (364 | ) |     |      |    (857 | ) |     |      |             (824 | ) |     |      |  (1,898 | ) |
| Interest expense                       |     |      |             30,404 |   |     |      |  20,818 |   |     |      |           60,045 |   |     |      |  41,685 |   |
| Interest income                        |     |      |               (764 | ) |     |      |  (1,698 | ) |     |      |           (1,519 | ) |     |      |  (3,833 | ) |
| Credit agreement amendment fees        |     |      |                 49 |   |     |      |   1,822 |   |     |      |            2,926 |   |     |      |   4,119 |   |
| Other income, net                      |     |      |                (37 | ) |     |      |     (22 | ) |     |      |             (145 | ) |     |      |    (313 | ) |
| Income (loss) before income tax        |     | $    |              1,677 |   |     | $    |   9,846 |   |     | $    |          (13,424 | ) |     | $    |  (3,831 | ) |

Separate measures of Legence’s assets, including capital expenditures, are not produced or utilized by management to evaluate segment performance. Note 13—Related Party Transactions The Company’s related party transactions include transactions with related parties and certain entities associated with the Company and Sponsor. As discussed in “ Note 6—Variable Interest Entities and Equity Method Investments”, the Company had related-party revenue from certain unconsolidated joint ventures. F-85

Legence Holdings LLC and Subsidiaries

Notes to Condensed Consolidated Financial Statements—(Continued)

(Unaudited)

As discussed in “”, a portion of the Company’s term loan is held by
entities associated with the Company and Sponsor. As discussed in “”, the Company issued certain related party promissory notes in connection with certain acquisitions.

The Company has various lease agreements with entities owned by members of its management team and/or