Blackstone entities report 67.2% Legence (LGN) stake in amended 13G

Rhea-AI Filing Summary

Legence Corp. received an amended Schedule 13G showing that a group of Blackstone-affiliated entities collectively report majority ownership of its Class A common stock. The filing, dated for an event on December 31, 2025, covers Class A shares with par value $0.01 per share.

As of that date, Legence Parent ML LLC directly holds 178,571 shares of Class A common stock and 41,479,954 additional shares issuable in exchange for an equivalent number of Class B Units of Legence Holdings LLC on a one-for-one basis. Legence Parent II ML LLC directly holds 25,642,999 shares of Class A common stock.

After applying the Schedule 13D/G ownership rules, multiple related entities – including BCP 8/BEP 3 Holdings Manager L.L.C., various Blackstone funds and holding vehicles, and Stephen A. Schwarzman as controlling person – each report beneficial ownership of 67,301,524 shares of Class A common stock, or 67.2% of the class. This percentage is calculated using 58,656,167 Class A shares outstanding as of December 11, 2025, plus the assumed issuance of 41,479,954 Class A shares upon exchange of Class B Units held by Legence Parent ML LLC. The reporting persons state that beneficial ownership among them is "expressly disclaimed" under the Exchange Act.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Legence Corp.

(Name of Issuer)

Class A common stock, par value $0.01 per share

(Title of Class of Securities)

52476L109

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Legence Parent ML LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 41,658,525.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 41,658,525.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

41,658,525.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

41.6 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Legence Parent II ML LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 25,642,999.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 25,642,999.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

25,642,999.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

43.7 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Legence Parent LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 41,658,525.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 41,658,525.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

41,658,525.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

41.6 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Legence Parent II LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 25,642,999.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 25,642,999.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

25,642,999.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

43.7 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

BX Refficiency Aggregator LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 41,658,525.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 41,658,525.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

41,658,525.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

41.6 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Refficiency Aggregator II LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 25,642,999.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 25,642,999.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

25,642,999.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

43.7 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

BCP 8/BEP 3 Holdings Manager L.L.C.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 67,301,524.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 67,301,524.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

67,301,524.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

67.2 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Blackstone Energy Management Associates III L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 67,301,524.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 67,301,524.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

67,301,524.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

67.2 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Blackstone Management Associates VIII L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 67,301,524.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 67,301,524.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

67,301,524.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

67.2 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Blackstone EMA III L.L.C.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 67,301,524.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 67,301,524.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

67,301,524.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

67.2 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

BMA VIII L.L.C.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 67,301,524.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 67,301,524.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

67,301,524.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

67.2 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Blackstone Holdings II L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 67,301,524.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 67,301,524.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

67,301,524.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

67.2 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Blackstone Holdings I/II GP L.L.C.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 67,301,524.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 67,301,524.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

67,301,524.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

67.2 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Blackstone Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 67,301,524.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 67,301,524.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

67,301,524.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

67.2 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Blackstone Group Management L.L.C.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 67,301,524.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 67,301,524.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

67,301,524.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

67.2 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 52476L109

1

Names of Reporting Persons

Stephen A. Schwarzman

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 67,301,524.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 67,301,524.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

67,301,524.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

67.2 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Legence Corp.
(b)	Address of issuer's principal executive offices: 1601 Las Plumas Avenue, San Jose, CA 95133
Item 2.
(a)	Name of person filing: Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." This Schedule 13G is filed on behalf of: i. Legence Parent ML LLC ii. Legence Parent II ML LLC iii. Legence Parent LLC iv. Legence Parent II LLC v. BX Refficiency Aggregator LP vi. Refficiency Aggregator II LP vii. BCP 8/BEP 3 Holdings Manager L.L.C. viii. Blackstone Energy Management Associates III L.P. ix. Blackstone Management Associates VIII L.P. x. Blackstone EMA III L.L.C. xi. BMA VIII L.L.C. xii. Blackstone Holdings II L.P. xiii. Blackstone Holdings I/II GP L.L.C. xiv. Blackstone Inc. xv. Blackstone Group Management L.L.C. xvi. Stephen A. Schwarzman
(b)	Address or principal business office or, if none, residence: c/o Blackstone Inc. 345 Park Avenue, New York, NY 10154
(c)	Citizenship: See the information set forth in Row 4 on each cover page.
(d)	Title of class of securities: Class A common stock, par value $0.01 per share
(e)	CUSIP No.: 52476L109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Items 5 through 9 and 11 of each of the cover pages to this Schedule 13G are incorporated herein by reference. As of December 31, 2025, Legence Parent ML LLC directly holds (i) 178,571 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock") and (ii) 41,479,954 shares of Class A Common Stock issuable in exchange for an equivalent number of Class B Units of Legence Holdings LLC on a one-for-one basis (together with the cancellation for no consideration of an equal number of shares of Class B Common Stock held by Legence Parent ML LLC). Legence Parent II ML LLC directly holds 25,642,999 shares of Class A Common Stock. Legence Parent ML LLC is controlled by Legence Parent LLC, its sole member. Legence Parent LLC is controlled by BX Refficiency Aggregator LP, its managing member. BCP 8/BEP 3 Holdings Manager L.L.C. is the general partner of BX Refficiency Aggregator LP. Legence Parent II ML LLC is controlled by Legence Parent II LLC, its sole member. Legence Parent II LLC is controlled by Refficiency Aggregator II LP, its managing member. BCP 8/BEP 3 Holdings Manager L.L.C. is the general partner of Refficiency Aggregator II LP. Blackstone Energy Management Associates III L.P. and Blackstone Management Associates VIII L.P. are the managing members of BCP 8/BEP 3 Holdings Manager L.L.C. Blackstone EMA III L.L.C. is the general partner of Blackstone Energy Management Associates III L.P. BMA VIII L.L.C. is the general partner of Blackstone Management Associates VIII L.P. Blackstone Holdings II L.P. is the managing member of Blackstone EMA III L.L.C. and BMA VIII L.L.C. Blackstone Holdings I/II GP L.L.C. is the general partner of Blackstone Holdings II L.P. Blackstone Inc. is the sole member of Blackstone Holdings I/II GP L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. ("Blackstone") is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman. Information with respect to each Reporting Person is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of the information furnished by another Reporting Person. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the Reporting Persons expressly declare that the filing of this Schedule 13G shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Exchange Act or otherwise, the beneficial owner of any securities covered by this Schedule 13G held by any other person, and such beneficial ownership is expressly disclaimed.
(b)	Percent of class: Each of the Reporting Persons may be deemed to be the beneficial owner of the percentage of shares of Class A Common Stock listed on Row 11 of such Reporting Person's cover page, calculated under Rule 13d-3 of the Act. Calculations are based on 58,656,167 shares of Class A Common Stock outstanding as of December 11, 2025, as set forth in the Issuer's prospectus filed pursuant to Rule 424(b)(4) with the SEC on December 15, 2025, and assumes the issuance of 41,479,954 shares of Class A Common Stock in exchange for an equivalent number of Class B Units of Legence Holdings LLC directly held by Legence Parent ML LLC on a one-for-one basis (together with the cancellation for no consideration of an equal number of shares of Class B Common Stock held by Legence Parent ML LLC).
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the information set forth in Row 5 on each cover page.
	(ii) Shared power to vote or to direct the vote: See the information set forth in Row 6 on each cover page.
	(iii) Sole power to dispose or to direct the disposition of: See the information set forth in Row 7 on each cover page.
	(iv) Shared power to dispose or to direct the disposition of: See the information set forth in Row 8 on each cover page.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Legence Parent ML LLC

Signature:	/s/ Robert Brooks
Name/Title:	Robert Brooks/Vice President
Date:	02/13/2026

Legence Parent II ML LLC

Signature:	/s/ Robert Brooks
Name/Title:	Robert Brooks/Vice President
Date:	02/13/2026

Legence Parent LLC

Signature:	/s/ Bryce Seki
Name/Title:	Bryce Seki/General Counsel and Secretary
Date:	02/13/2026

Legence Parent II LLC

Signature:	/s/ Bryce Seki
Name/Title:	Bryce Seki/General Counsel and Secretary
Date:	02/13/2026

BX Refficiency Aggregator LP

Signature:	/s/ Robert Brooks
Name/Title:	By: BCP 8/BEP 3 Holdings Manager L.L.C., its general partner, By: Robert Brooks/Authorized Signatory
Date:	02/13/2026

Refficiency Aggregator II LP

Signature:	/s/ Robert Brooks
Name/Title:	By: BCP 8/BEP 3 Holdings Manager L.L.C., its general partner, By: Robert Brooks/Authorized Signatory
Date:	02/13/2026

BCP 8/BEP 3 Holdings Manager L.L.C.

Signature:	/s/ Robert Brooks
Name/Title:	Robert Brooks/Authorized Signatory
Date:	02/13/2026

Blackstone Energy Management Associates III L.P.

Signature:	/s/ Robert Brooks
Name/Title:	By: Blackstone EMA III L.L.C., its general partner, By: Robert Brooks/Authorized Signatory
Date:	02/13/2026

Blackstone Management Associates VIII L.P.

Signature:	/s/ Robert Brooks
Name/Title:	By: Blackstone EMA III L.L.C., its general partner, By: Robert Brooks/Authorized Signatory
Date:	02/13/2026

Blackstone EMA III L.L.C.

Signature:	/s/ Robert Brooks
Name/Title:	Robert Brooks/Authorized Signatory
Date:	02/13/2026

BMA VIII L.L.C.

Signature:	/s/ Robert Brooks
Name/Title:	Robert Brooks/Authorized Signatory
Date:	02/13/2026

Blackstone Holdings II L.P.

Signature:	/s/ Victoria Portnoy
Name/Title:	By: Blackstone Holdings I/II GP L.L.C., its general partner, By: Victoria Portnoy/Managing Director - Assistant Secretary
Date:	02/13/2026

Blackstone Holdings I/II GP L.L.C.

Signature:	/s/ Victoria Portnoy
Name/Title:	Victoria Portnoy/Managing Director - Assistant Secretary
Date:	02/13/2026

Blackstone Inc.

Signature:	/s/ Victoria Portnoy
Name/Title:	Victoria Portnoy/Managing Director - Assistant Secretary
Date:	02/13/2026

Blackstone Group Management L.L.C.

Signature:	/s/ Victoria Portnoy
Name/Title:	Victoria Portnoy/Managing Director - Assistant Secretary
Date:	02/13/2026

Stephen A. Schwarzman

Signature:	/s/ Stephen A. Schwarzman
Name/Title:	Stephen A. Schwarzman
Date:	02/13/2026

Exhibit Information

Exhibit List Exhibit 99.1 Joint Filing Agreement, dated February 13, 2026, by and among the Reporting Persons

FAQ

What does the Schedule 13G/A filing reveal about Legence Corp. (LGN) ownership?

The filing shows Blackstone-affiliated entities collectively report beneficial ownership of a majority of Legence Corp.’s Class A common stock, indicating concentrated control. It details share counts, ownership structure, and how the percentage is calculated under SEC rules.

How many Legence Corp. (LGN) shares do the reporting persons say they own?

The reporting persons each report beneficial ownership of 67,301,524 shares of Legence Corp. Class A common stock. This figure includes existing shares plus shares assumed issued upon exchange of certain Class B Units of Legence Holdings LLC.

What percentage of Legence Corp. (LGN) Class A common stock is reported as beneficially owned?

The filing states that each reporting person may be deemed to beneficially own 67.2% of Legence Corp.’s Class A common stock. This percentage is calculated under SEC Rule 13d-3 using outstanding shares plus assumed exchanges of Class B Units.

How are Legence Parent ML LLC’s holdings in Legence Corp. (LGN) structured?

Legence Parent ML LLC holds 178,571 shares of Class A common stock and 41,479,954 additional Class A shares issuable upon one-for-one exchange of Class B Units of Legence Holdings LLC, accompanied by cancellation of an equal number of Class B common shares.

Which entities are included as reporting persons for Legence Corp. (LGN) in this 13G/A?

Reporting persons include Legence Parent ML LLC, Legence Parent II ML LLC, several Legence and Refficiency Aggregator entities, BCP 8/BEP 3 Holdings Manager L.L.C., multiple Blackstone funds and holding companies, Blackstone Inc., Blackstone Group Management L.L.C., and Stephen A. Schwarzman.

How was the ownership percentage in Legence Corp. (LGN) calculated in the filing?

Percentages are based on 58,656,167 Class A shares outstanding as of December 11, 2025, from a Legence prospectus, and assume issuance of 41,479,954 additional Class A shares upon exchange of Class B Units held by Legence Parent ML LLC on a one-for-one basis.

Do the reporting persons admit full beneficial ownership of all Legence Corp. (LGN) shares reported?

No. The filing states, under Exchange Act Rule 13d-4, that the reporting persons expressly declare the Schedule 13G/A should not be construed as an admission of beneficial ownership of securities held by any other reporting person, and such ownership is expressly disclaimed.