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Majority stake · Closed Jan 2026

Legence/Bowers deal: $325M cash upfront funded via term loan upsizing and stock issuance

Relationship map

Relationship map for Legence/Bowers deal: $325M cash upfront funded via term loan upsizing and stock issuanceparent ofLegence Corp.: Operating CompanyLCLegence Corp.The Bowers Group: Operating CompanyTBThe Bowers Group
Operating Company

Parties

Acquirer
Legence Corp.
Operating Company
Target
The Bowers Group
Operating Company

Market signals

Deal value$325M reported total consideration · partial consideration as reported by achrnews.com

Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.

Summary

The Bowers acquisition was funded with $325 million upfront cash from cash on hand, a revolver draw, a $200 million upsizing of Legence's term loan facility, and ~2.55 million Class A shares, with an additional $50 million deferred to end of 2026.

Primary source