Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 293

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 293
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 & 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-30

Legence Holdings LLC and Subsidiaries Notes to Consolidated Financial Statements Total consideration transferred of $245.1 million for the 2024 acquisitions consists of the following (in thousands):

|                                     |     | P2S |        |     | AMA |         |     | Other 2024  
 Acquisition |       |   |     | Total |         |   |
|:------------------------------------|:----|:----|-------:|:----|:----|--------:|:----|:------------|------:|:--|:----|:------|--------:|:--|
| Cash                                |     | $   | 62,520 |     | $   | 154,566 |     | $           | 3,100 |   |     | $     | 220,186 |   |
| Parent issuance of Parent interests |     |     | 20,719 |     |     |       — |     |             | 1,381 |   |     |       |  22,100 |   |
| Holdback                            |     |     |      — |     |     |   2,672 |     |             |   168 |   |     |       |   2,840 |   |
| Purchase price receivable           |     |     |      — |     |     |       — |     |             |   (65 | ) |     |       |     (65 | ) |
| Total consideration transferred     |     | $   | 83,239 |     | $   | 157,238 |     | $           | 4,584 |   |     | $     | 245,061 |   |

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 OPM. Holdback amounts reflect consideration transferred to be paid in cash after the acquisition date assuming conditions for release of the holdback are met.