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LG
Legence Corp. Class A Common stock
LGN
Mkt Cap
$3.35B
Volume
1.53M
Next Earnings
November 12th
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LG
LGN
LG
Legence Corp. Class A Common stock
LGN
News
·
Legence Announces Improved Term Loan Pricing on Credit Rating Upgrade
Mkt Cap
$3.48B
Volume
1.53M
Next Earnings
November 12th
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Legence Announces Improved Term Loan Pricing on Credit Rating Upgrade
Legence Corp. (Nasdaq: LGN) announced a repricing of its $995 million term loan credit facility following an S&P Global Ratings upgrade of its issuer credit rating to BB- from B+, with a positive outlook. The upgrade triggered a 25 basis point reduction in pricing, bringing the Term Loan rate to SOFR plus 1.75%. The company also reported record first quarter 2026 revenues of $1.04 billion, representing 105% growth year-over-year.
GlobeNewswire Inc. · Jun 8, 2026
Engineering Services Stock Jumps 80% Since September IPO as $24 Million Investor Bet Emerges
Legence, a Blackstone-backed engineering and technical services provider for HVAC and MEP systems, has surged 80% since its September IPO to $50.51 per share. Engle Capital Management initiated a new position with 559,000 shares worth $24.06 million in Q4, making it the firm's third-largest holding. The company reported record Q3 revenue of $708 million (up 26% YoY) and a $3.1 billion backlog, with recent acquisition of The Bowers Group expected to add $850 million in annual revenue.
The Motley Fool · Mar 12, 2026
Legence Sets Fourth Quarter and Full-Year 2025 Earnings Release Date and Webcast Schedule
Legence Corp. (Nasdaq: LGN) announced it will release fourth quarter and full-year 2025 financial results on March 27, 2026, followed by an earnings conference call at 10:00 am EST. The webcast and presentation materials will be available on the company's investor relations website, with a replay available through April 27, 2026.
GlobeNewswire Inc. · Feb 20, 2026
Legence Completes Acquisition of Bowers
Legence Corp. (NASDAQ:LGN) has completed its acquisition of The Bowers Group, a mechanical contractor based in Beltsville, Maryland with 40+ years of expertise. The deal involved $325 million in upfront cash consideration funded through cash on hand, revolving credit, a $200 million term loan upsizing, and approximately 2.55 million shares of Class A common stock, with an additional $50 million in deferred consideration due at the end of 2026.
Benzinga · Jan 2, 2026
Legence Completes Acquisition of Bowers
Legence Corp. (Nasdaq: LGN) has completed its acquisition of The Bowers Group, a Maryland-based mechanical contractor with 40+ years of expertise in HVAC, plumbing, and process systems. The $325 million upfront purchase price was funded through cash, revolving credit, a $200 million term loan upsizing, and 2.55 million shares of Class A common stock, with an additional $50 million deferred consideration due at year-end 2026.
GlobeNewswire Inc. · Jan 2, 2026
Legence Announces Closing of Initial Public Offering and Partial Exercise of Overallotment Option
Legence Corp completed its initial public offering, selling 26 million shares at $28 per share and raising approximately $780.2 million, with plans to use proceeds for debt repayment and corporate purposes.
Benzinga · Sep 15, 2025
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Legence Corp. Class A Common stock
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