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Legence Corp. is offering 8.4 million shares at $45 each in a secondary sale by Blackstone-linked sellers, with no proceeds going to the company.
Legence Corp. (LGN) priced a secondary public offering of 8.4 million shares at $45 each, with Blackstone-affiliated selling stockholders offering the shares.
The underwriters can buy up to 1.26 million more shares.
The offering, expected to close around December 16, 2025, is subject to standard conditions, and Legence won’t receive any proceeds.
Goldman Sachs and Jefferies are lead managers.
The company provides engineering and maintenance services for mission-critical building systems, serving over 60% of Nasdaq-100 companies.
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Legence Corp. está ofreciendo 8.4 millones de acciones a $45 cada una en una venta secundaria por parte de vendedores vinculados a Blackstone, sin que los beneficios vayan a la compañía.