{"id":949022,"date":"2026-04-06T07:27:55","date_gmt":"2026-04-06T11:27:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/legence-announces-secondary-underwritten-public-offering-of-class-a-common-stock\/"},"modified":"2026-04-06T07:27:55","modified_gmt":"2026-04-06T11:27:55","slug":"legence-announces-secondary-underwritten-public-offering-of-class-a-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/legence-announces-secondary-underwritten-public-offering-of-class-a-common-stock\/","title":{"rendered":"Legence Announces Secondary Underwritten Public Offering of Class A Common Stock"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SAN JOSE, Calif., April  06, 2026  (GLOBE NEWSWIRE) &#8212; Legence Corp. (Nasdaq: LGN) (\u201cLegence\u201d or the \u201cCompany\u201d) today announced that selling stockholders affiliated with Blackstone Inc. (the \u201cSelling Stockholders\u201d) intend to offer and sell 11,000,000 shares of Legence\u2019s Class A common stock, par value $0.01 (\u201cCommon Stock\u201d) in a secondary underwritten public offering. In connection with the offering, the Selling Stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of Common Stock on the same terms and conditions.<\/p>\n<p align=\"justify\">Legence is not selling any shares of Common Stock in the offering and will not receive any proceeds from the sale of shares by the Selling Stockholders. Legence will bear the costs associated with the sale of such shares, other than the underwriting discounts and commissions.<\/p>\n<p align=\"justify\">Goldman Sachs &amp; Co. LLC, Jefferies and BofA Securities are acting as joint lead book-running managers and Blackstone Capital Markets is acting as a co-manager for the proposed offering.<\/p>\n<p align=\"justify\">The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: Goldman Sachs &amp; Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 1-866-471-2526, or by email at prospectus-ny@ny.email.gs.com; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at 1-877-821-7388, or by email at prospectus_department@jefferies.com; and BofA Securities, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus Department, or by email at dg.prospectus_requests@bofa.com.<\/p>\n<p align=\"justify\">The shares of Common Stock are being offered pursuant to a Registration Statement on Form S-1 filed with the Securities and Exchange Commission (the \u201cSEC\u201d) on April 6, 2026 (the \u201cRegistration Statement\u201d), which has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the Registration Statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.<\/p>\n<p align=\"justify\">\n        <strong>About Legence<\/strong><br \/>\n        <br \/>Legence is a leading provider of engineering, consulting, installation, and maintenance services for mission-critical systems in buildings. The Company specializes in designing, fabricating, and installing complex HVAC, process piping, and other mechanical, electrical and plumbing (MEP) systems\u2014enhancing energy efficiency, reliability, and sustainability in new and existing facilities. Legence also delivers long-term performance through strategic upgrades and holistic solutions. Serving some of the world\u2019s most technically demanding sectors, Legence counts over 60% of the Nasdaq-100\u00a0Index\u00a0among\u00a0its\u00a0clients.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>Certain statements contained in this press release constitute \u201cforward-looking statements.\u201d All statements, other than statements of historical fact, included in this press release, including, without limitation, those relating to the size, timing or other terms of the offering, are forward-looking statements. When used in this press release, words such as \u201canticipate,\u201d \u201cassume,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cfuture,\u201d \u201cwill,\u201d \u201cseek,\u201d \u201cforeseeable,\u201d the negative version of these words and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These statements are not historical facts but rather are based on management\u2019s current belief, based on currently available information, as to the outcome and timing of future events, and it is possible that the results described in this press release will not be achieved. Such statements are subject to risks, uncertainties and other factors, many of which are outside of Legence\u2019s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, those described under \u201cRisk Factors\u201d in the Registration Statement and \u201cItem 1A. Risk Factors\u201d in Legence\u2019s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the \u201c2025 Annual Report\u201d), as filed with the SEC, as such factors may be updated from time to time in Legence\u2019s subsequent filings with the SEC. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Legence does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for Legence to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the Registration Statement, the 2025 Annual Report and in Legence\u2019s subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements.<\/p>\n<p align=\"justify\">\n        <strong>Contact<\/strong><br \/>\n        <br \/>Media: media@wearelegence.com<br \/>Investor Relations: ir@wearelegence.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NDQ5OSM3NTIwNTM1IzIyOTk5Mzc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZTNjNmYxOTEtNzA1Ni00YmI1LWEzNjMtZDNiZmQwZjhjYzc2LTEzMTE0ODctMjAyNi0wNC0wNi1lbg==\/tiny\/Legence-Corp.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN JOSE, Calif., April 06, 2026 (GLOBE NEWSWIRE) &#8212; Legence Corp. (Nasdaq: LGN) (\u201cLegence\u201d or the \u201cCompany\u201d) today announced that selling stockholders affiliated with Blackstone Inc. (the \u201cSelling Stockholders\u201d) intend to offer and sell 11,000,000 shares of Legence\u2019s Class A common stock, par value $0.01 (\u201cCommon Stock\u201d) in a secondary underwritten public offering. In connection with the offering, the Selling Stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of Common Stock on the same terms and conditions. Legence is not selling any shares of Common Stock in the offering and will not receive any proceeds from the sale of shares by the Selling Stockholders. Legence will bear the costs associated &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/legence-announces-secondary-underwritten-public-offering-of-class-a-common-stock\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Legence Announces Secondary Underwritten Public Offering of Class A Common Stock&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-949022","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Legence Announces Secondary Underwritten Public Offering of Class A Common Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/legence-announces-secondary-underwritten-public-offering-of-class-a-common-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legence Announces Secondary Underwritten Public Offering of Class A Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN JOSE, Calif., April 06, 2026 (GLOBE NEWSWIRE) &#8212; Legence Corp. (Nasdaq: LGN) (\u201cLegence\u201d or the \u201cCompany\u201d) today announced that selling stockholders affiliated with Blackstone Inc. (the \u201cSelling Stockholders\u201d) intend to offer and sell 11,000,000 shares of Legence\u2019s Class A common stock, par value $0.01 (\u201cCommon Stock\u201d) in a secondary underwritten public offering. In connection with the offering, the Selling Stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of Common Stock on the same terms and conditions. Legence is not selling any shares of Common Stock in the offering and will not receive any proceeds from the sale of shares by the Selling Stockholders. 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(Nasdaq: LGN) (\u201cLegence\u201d or the \u201cCompany\u201d) today announced that selling stockholders affiliated with Blackstone Inc. (the \u201cSelling Stockholders\u201d) intend to offer and sell 11,000,000 shares of Legence\u2019s Class A common stock, par value $0.01 (\u201cCommon Stock\u201d) in a secondary underwritten public offering. In connection with the offering, the Selling Stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of Common Stock on the same terms and conditions. Legence is not selling any shares of Common Stock in the offering and will not receive any proceeds from the sale of shares by the Selling Stockholders. 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