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Add-on acquisition · Closed Jan 2023

Blackstone-backed Legence acquires SC Engineers, Trinity, and KLOK Group

Relationship map

Relationship map for Blackstone-backed Legence acquires SC Engineers, Trinity, and KLOK Groupbacksparent ofBlackstone (BXPE): Pe FirmBBBlackstone (BXPE)Legence Corp.: Operating CompanyLCLegence Corp.Therma Holdings LLC: PlatformTHTherma Holdings LLC
Operating CompanyPe FirmPlatform

Parties

Acquirer
Legence Corp.
Operating Company
Target
Therma Holdings LLC
Platform
Sponsor
Blackstone (BXPE)
Pe Firm

Market signals

Summary

Legence, a Blackstone company, announced three acquisitions in the Western U.S. — Shadpour Consulting Engineers (SC Engineers), Trinity Process Solutions, and KLOK Group — to expand its MEP engineering and decarbonization capabilities. Trinity merges with Legence company Therma; KLOK merges with Legence company CMTA.

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