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Add-on acquisition Jan 2026 Verified

Legence acquires Bowers Group for ~$475M

Blackstone-backed Legence acquired the Bowers Group to deepen its commercial energy-services and mechanical footprint, signaling public market interest in this sector following its recent IPO.

“Blackstone-backed Legence, fresh off its September 2025 IPO, added the Bowers Group to deepen its commercial energy-services and mechanical footprint — a clear signal that public markets want this exposure too.”

Entities

HVAC Sentiment: Positive

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