Legence Corp. 8-K

What Happened Legence Corp. (through indirect subsidiary Legence Holdings LLC) filed an 8-K on January 2, 2026 announcing the closing of an acquisition and the funding of an incremental term loan. Amendment No. 12 to the company’s Credit Agreement (originally dated December 16, 2020) created a $200 million Incremental Term Loan Facility, which was drawn in full at closing. Jefferies Finance LLC serves as administrative agent, collateral agent, swing line lender and L/C issuer under the Credit Agreement. The purchaser funded the cash consideration and acquisition-related fees using cash on hand, borrowings under Legence Holdings’ revolver and the full proceeds of the $200 million incremental term loan. A press release announcing the consummation was furnished as Exhibit 99.1.

Key Details

• Incremental Term Loan Facility: $200,000,000, funded in full on January 2, 2026.
• Amendment: Amendment No. 12 to the Credit Agreement (Dec. 16, 2020) effected the incremental facility; incremental loans have terms identical to existing term loans.
• Agent/Lender: Jefferies Finance LLC is the administrative and collateral agent under the agreement.
• Funding mix: Cash consideration and acquisition fees were paid with purchaser cash, borrowings under the revolver, and the incremental term loan proceeds.

Why It Matters The filing confirms the acquisition closed and that Legence increased its financed debt by $200 million to fund the deal and related costs. That raises the company’s outstanding obligations and could affect leverage and interest expense reported in future financial statements. Because the incremental loans carry the same terms as existing term loans, there’s no immediate change in loan structure disclosed, but investors should monitor upcoming filings for pro forma leverage and the required financial statements related to the acquisition.