secwatch.observer — SEC 8-K summary
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Issuer:     Legence Corp. (LGN)
CIK:        0002052568
Form:       8-K
Filed at:   2026-01-02T23:59:59+00:00
Accession:  0001193125-26-001069
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Legence closes Bowers acquisition: $325M cash, 2.55M shares, up to $50M deferred
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- Upfront consideration: $325M cash plus 2.55M shares of Class A common stock.
- Deferred consideration of $50M payable Dec 31, 2026, in cash or stock at Legence's option.
- Funded via cash on hand, revolver borrowings, and $200M incremental term loan facility.
- Bowers is a mechanical/plumbing contractor with 40+ years in the DC Metro area.
- CEO Jeff Sprau says completion marks an important milestone in growth strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2052568/000119312526001069/0001193125-26-001069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2052568/000119312526001069/d80346d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-001069

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