Legence Corp.

Legence Corp. (LGN) priced its initial public offering on Sep 15, 2025 at $28.00 per share, raising $728M, and listed on NYSE. At the IPO price its market capitalization was about $1.54B. Goldman Sachs was lead-left underwriter, joined by Jefferies, BofA Securities and Barclays and others. Kirkland & Ellis advised the company and Davis Polk advised the underwriters.

Legence Corp. provides engineering, installation and maintenance services for mission-critical systems in buildings. It focuses on technically demanding sectors such as technology, life sciences, healthcare and education, serving clients including data centers, manufacturers, pharmaceutical companies, hospitals and universities.

Status

IPO

Ticker

LGN

Exchange

NYSE

Priced

Sep 15, 2025

IPO price

$28.00

Raised

$728M

Market cap at IPO price

$1.54B

First filed

Aug 15, 2025

Underwriters

Goldman Sachs, Jefferies, BofA Securities, Barclays, Morgan Stanley, RBC Capital Markets, BMO Capital Markets, Cantor, Guggenheim, Wolfe Research, Nomura and Roth Capital

Company counsel

Kirkland & Ellis

Underwriters' counsel

Davis Polk

Sector

Other

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.