{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-281519","form_type":"8-K","ticker":"LGN","cik":"0002052568","company_name":"Legence Corp.","filed_at":"2025-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.480177+00:00","generated_at":"2026-05-16T19:59:29.799982+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Legence acquires Bowers for ~$475M; LTM revenue $767M, EBITDA $72M","bullets":["Deal: ~$325M cash + ~$100M stock at close, plus up to $50M deferred payable by Dec 31, 2026 in cash/stock.","Bowers LTM (Sep 2025): $767M revenue, $69M net income, $72M EBITDA; backlog/awards ~$1.3B.","Bowers has ~1,700 employees, 370k sq ft fabrication; leading data-center mechanical contractor in DC Metro.","Closing expected Q1 2026; subject to HSR and customary conditions; Jefferies committed $150M incremental term loan."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-281519","json":"https://secwatch.observer/filing/0001193125-25-281519.json","markdown":"https://secwatch.observer/filing/0001193125-25-281519.md","text":"https://secwatch.observer/filing/0001193125-25-281519.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2052568/000119312525281519/0001193125-25-281519-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2052568/000119312525281519/d33982d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T19:59:29.799982+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}