Legence Corp.

Legence Corp. is a provider of engineering, installation, and maintenance services for mission-critical systems within buildings across the United States. Headquartered in San Jose, California, the company's mission is to assist clients in developing modern, efficient, and healthy buildings that are both cost-effective to operate and more sustainable.

The company operates through two primary segments: Engineering & Consulting, and Installation & Maintenance. The Engineering & Consulting segment focuses on designing HVAC and other Mechanical, Electrical, and Plumbing (MEP) systems, developing strategies for energy reduction and sustainability, and providing program and project management services. The Installation & Maintenance segment is responsible for fabricating and installing HVAC, process piping, and other MEP systems in new and existing industrial, commercial, and institutional buildings, alongside offering ongoing preventative and corrective maintenance. Legence specializes in technically demanding sectors such as technology, life sciences, healthcare, education, data centers, and semiconductor manufacturing, serving over 60% of the Nasdaq-100 Index companies.

Led by CEO Jeffrey Sprau, Legence Corp. completed its initial public offering (IPO) on September 12, 2025, and is now publicly traded on the Nasdaq Global Select Market under the ticker symbol "LGN". The company positions itself as the "world's first Energy Transition Accelerator™" and a key partner in decarbonizing the built environment, with a national footprint encompassing over 50 offices and approximately 7,000 employees. Recent financial reports indicate strong revenue growth, particularly driven by data center projects, which now account for 62% of its revenue, and a robust backlog extending into late 2028. Legence also recently benefited from an improved credit rating, leading to better term loan pricing.