Legence Corp.

Legence Corp. is a leading provider of engineering, installation, and maintenance services for mission-critical systems in buildings. The company focuses on high-growth sectors with technically demanding facilities, including technology, life sciences, healthcare, and education, and counts more than 60% of the companies in the Nasdaq-100 Index as clients.

Legence Corp.’s business is expanding rapidly as data centers, manufacturers, pharmaceutical companies, hospitals, schools, and universities invest in both new and existing facilities to meet rising demand for their products and services, reduce energy costs, and enhance resiliency. From 2021 to 2024, the company’s revenues grew at a compound annual growth rate of approximately 39%, and, after giving pro forma effect to acquisitions made during that period, 16%. In 2024, more than half of Legence Corp.’s revenues were derived from “high growth industries,” defined as clients operating in the data center, technology, life sciences, and healthcare end markets. As of June 30, 2025, the company had $2.8 billion in backlog and awarded contracts, representing a 29% increase compared to the same date the previous year.