Legence Corp.
Ticker: LGNIndustrialsConstructionThe business
Legence Holdings, Inc. (Nasdaq: LEGC) operates as a leading provider of engineering, installation and maintenance services for mission-critical systems in buildings. The company maintains its website at www.wearelegence.com and serves clients across the United States through approximately 7,000 full-time employees operating from 116 physical locations across 46 states and the District of Columbia.
The company generates revenue through two primary segments: Engineering & Consulting and Installation & Maintenance. The Engineering & Consulting segment, which includes engineering and design services along with program and project management offerings, focuses on designing HVAC and MEP systems while developing strategies to reduce energy usage and enhance building sustainability. The Installation & Maintenance segment provides fabrication and installation of HVAC systems, process piping and other MEP systems, complemented by preventative and corrective maintenance services. In 2025, the company generated approximately 40 percent of revenues from new building projects and 60 percent from retrofits, upgrades and maintenance for existing buildings.
Legence specializes in serving high-growth sectors including data centers and technology, life sciences and healthcare, education, and manufacturing. In 2025, more than half of revenues derived from data centers and technology combined with life sciences and healthcare markets. The company served approximately 20,000 clients from 2019 through 2025, with the average relationship with its top ten clients spanning 23 years. As of December 31, 2025, the company reported backlog and awarded contracts of $3.7 billion.
The company's workforce comprises approximately 1,200 MEP engineers and energy consultants alongside approximately 6,200 HVAC and plumbing service technicians, fitters, electricians and sheet metal workers. Legence operates under collective bargaining agreements covering approximately 4,500 employees. The company has completed approximately 24 acquisitions since December 2020, including significant acquisitions of AMA Consulting Engineers Holdings LLC and P2S, LP in 2024, as well as The Bowers Group, Inc. in January 2026. Total 2025 revenues reached $2.55 billion, reflecting the company's substantial scale within the MEP services industry.
- Sector
- Industrials
- Industry
- Construction
- HQ
- SAN JOSE, CA
- FY end
- 12-31
- CIK
- 2052568
- SIC
- 1700
Ownership
Who holds Legence Corp. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.01% | $156.01M |
| Franklin Dynatech Fund FKDNX · Franklin Custodian Funds | 0.48% | $144.89M |
| First Trust RBA American Industrial Renaissance ETF AIRR · First Trust Exchange-Traded Fund VI | 1.19% | $136.33M |
| iShares Russell 2000 ETF IWM · iShares Trust | 0.15% | $128.57M |
| VANGUARD SMALL-CAP INDEX FUND VB · VANGUARD INDEX FUNDS | 0.06% | $112.73M |
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
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