Consolidation trend Jan 2023 · Western U.S.
Legence signals aggressive PE-backed roll-up growth trajectory in sustainability/MEP services
The article frames the three acquisitions as reflecting growing demand for MEP/sustainability services and reaffirming Legence's aggressive growth trajectory, indicating ongoing platform consolidation by the Blackstone-backed company.
“The new partnerships reflect the growing need for high-level sustainability consulting, MEP design, and construction execution services across a range of industries, and reaffirm Legence’s aggressive growth trajectory.”
Entities
Blackstone (BXPE) · Sponsor Legence · Platform
ElectricalHVACPlumbing
Source: www.achrnews.com
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