This Research Note examines the recent Legence Corp. filing at the US SEC for an Initial Public Offering. We highlight the transaction details, profile the business segments offering engineering, installation and maintenance services and sustainability consulting, and explore the financial highlights of the $2.1 billion revenue company. Transaction Details Blackstone is exploring a potential sale or IPO for its portfolio company, Legence Corp. filing for an initial public offering with a preliminary prospectus on 15th August 2025. The number of shares to be offered and the price range for the proposed offering have not yet been determined. After the completion of the deal, Blackstone will remain a controlling investor, following its agreement to acquire the company in 2020, when it was known as Therma Holdings. Legence Profile Legence is an integrated provider of energy efficiency and sustainability solutions for the built environment in the USA. Headquartered in San Jose, California, the company specializes in helping […]
Stay ahead of the pack
with the latest independent smart building research and thought leadership.
Have an account? Login
What Exactly Do you Get?
- Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
- 10% discount on ALL Memoori Research reports for Subscribers!
- Industry-leading Analysis Every Week, Direct to your Inbox.
- AND Cancel at any time
