Company: LGN
Filing Date: 2025-12-09
Form Type: S-1
Source: 0001193125-25-312729
Chunk: 323

Company: Legence Corp.
Filing Date: 2025-12-09
Form: S-1
Chunk 323
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        |     | AMA |        |     | Other 2024  
 Acquisition |       |     | Total |        |     | Weighted-   
 average     
 Useful Life 
 (in years)  |      |
|:-----------------------|:----|:----|-------:|:----|:----|-------:|:----|:------------|------:|:----|:------|-------:|:----|:------------|-----:|
| Customer relationships |     | $   | 27,600 |     | $   | 42,000 |     | $           | 2,850 |     | $     | 72,450 |     |             | 10.4 |
| Trade names            |     |     |  4,900 |     |     |      — |     |             |     — |     |       |  4,900 |     |             | 11.8 |
| Contract backlog       |     |     |  5,300 |     |     |  4,250 |     |             |   170 |     |       |  9,720 |     |             |  1.4 |
|                        |     | $   | 37,800 |     | $   | 46,250 |     | $           | 3,020 |     | $     | 87,070 |     |             |      |

Goodwill arising from acquisitions is derived largely from expected synergies and growth as well as the acquired assembled workforces. Goodwill is deductible for tax purposes for the P2S, AMA and the Other 2024 Acquisition. F-69

Total acquisition-related costs of $5.6 million were incurred during the year ended December 31, 2024, including $2.3 million for P2S and $2.6 million for AMA. These costs are included within Acquisition-related costs in the Consolidated Statements of Operations for the year ended December 31, 2024. 2023 Acquisitions: On August 1, 2023, the Company acquired all the outstanding equity of San Jose Boiler Works, Inc. (“San Jose Boiler”). San Jose Boiler is a full spectrum boiler sales, installation, maintenance and repair service company operating in California. The acquisition expands the Company’s technical offerings and capabilities in Northern California while growing the service and maintenance base. The consideration transferred primarily includes cash and promissory notes issued to the sellers with face amounts totaling