Legence Announces Pricing of Upsized Secondary Underwritten Public Offering of Class A Common Stock
Globenewswire·2025-12-12 02:00

Core Points - Legence Corp. announced an upsized secondary underwritten public offering of 8,402,178 shares of its Class A common stock at a price of $45.00 per share, with an additional option for underwriters to purchase up to 1,260,326 shares [1] - The offering is expected to close on or about December 16, 2025, subject to customary closing conditions [1] - Legence is not selling any shares and will not receive any proceeds from the sale [2] Company Overview - Legence is a leading provider of engineering, consulting, installation, and maintenance services for mission-critical systems in buildings, specializing in HVAC, process piping, and other mechanical, electrical, and plumbing systems [6] - The company enhances energy efficiency, reliability, and sustainability in both new and existing facilities, serving technically demanding sectors and counting over 60% of the Nasdaq-100 Index among its clients [6] Offering Details - Goldman Sachs & Co. LLC and Jefferies are acting as joint lead book-running managers for the offering, with several other firms participating as bookrunners and co-managers [3] - A Registration Statement on Form S-1 has been filed and declared effective by the SEC, with the offering being made only by means of a prospectus [4]