Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Legence Corp. raised $780M in its IPO, pricing shares at $28 and listing on Nasdaq under "LGN."
Legence Corp., a provider of engineering and maintenance services for mission-critical systems, completed its IPO on September 12, 2025, selling 26 million shares at $28 each, with an additional 3.49 million shares purchased under the overallotment option.
The company raised about $780.2 million in net proceeds, which will be used to repay debt and support general corporate needs.
Trading began on the Nasdaq Global Select Market under the ticker symbol "LGN."
The offering was led by Goldman Sachs & Co. LLC and Jefferies, with participation from major financial firms.
Legence, founded in 1994, serves over 60% of Nasdaq-100 companies and specializes in HVAC, process piping, and mechanical systems, focusing on energy efficiency and sustainability.
Legence Corp. recaudó $780 millones en su salida a bolsa, preciosando las acciones a $28 y listando en Nasdaq bajo "LGN".