Core Viewpoint - Legence Corp. has successfully completed the acquisition of The Bowers Group, enhancing its service offerings and marking a significant milestone in its growth strategy [1][2]. Financial Details - The acquisition involved an upfront cash payment of $325 million, funded through a combination of cash reserves, borrowings from a revolving line of credit, a $200 million increase in Legence's term loan facility, and the issuance of approximately 2.55 million shares of Class A common stock [2]. - An additional $50 million in deferred consideration will be paid at the end of 2026, either in cash or in Class A common stock at the company's discretion [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 (MEP) systems [3]. - The company focuses on enhancing 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 [3].