Company: LGN
Filing Date: 2025-08-15
Form Type: S-1
Source: 0001193125-25-181698
Chunk: 329

Company: Legence Corp.
Filing Date: 2025-08-15
Form: S-1
Chunk 329
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 and six months ended June 30, 2024, Revenue of $18.2 million and $24.0 million, respectively, and Net income attributable to Legence of $0.3 million and $0.5 million, respectively, are included on the Condensed Consolidated Statements of Operations for the P2S acquisition. F-75

Legence Holdings LLC and Subsidiaries Notes to Condensed Consolidated Financial Statements—(Continued) (Unaudited) Note 5—Goodwill and Intangible Assets The following is a summary of changes in the carrying value of Goodwill by segment (in thousands):

| Carrying value of Goodwill      |     | Engineering & 
 Consulting    |         |     | Installation & 
 Maintenance    |         |     | Total |         |
|:--------------------------------|:----|:--------------|--------:|:----|:---------------|--------:|:----|:------|--------:|
| Balance, December 31, 2024      |     | $             | 433,077 |     | $              | 348,117 |     | $     | 781,194 |
| Measurement period adjustments  |     |               |   1,737 |     |                |       — |     |       |   1,737 |
| Balance, June 30, 2025          |     | $             | 434,814 |     | $              | 348,117 |     | $     | 782,931 |
| Accumulated goodwill impairment |     |               |         |     |                |         |     |       |         |
| Balance, December 31, 2024      |     | $             |  22,855 |     | $              |  47,407 |     | $     |  70,262 |
| Balance, June 30, 2025          |     | $             |  22,855 |     | $              |  47,407 |     | $     |  70,262 |

The Company’s identifiable intangible assets consist of the following (in thousands, except weighted-average remaining lives):

|                        |     | June 30, 2025     |         |     |              |          |   |     |              |         |     |                |     |
|:-----------------------|:----|:------------------|--------:|:----|:-------------|:---------|:--|:----