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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Riverfront living has long been positioned as a luxury offering. As open spaces become scarcer, owning a private riverside retreat is increasingly seen as a form of privilege—particularly in central urban areas where land for such developments is nearly exhausted. The Privé is currently among the few central riverfront residential…
Legence Corp. (Nasdaq: LGN) said it has priced an upsized secondary underwritten public offering of 13,386,185 shares of its Class A common stock at $54.00 per share. The shares are being sold by stockholders affiliated with Blackstone Inc., and Legence itself is not selling any shares and will not receive proceeds from the transaction.
The selling stockholders also granted the underwriters a 30-day option to purchase up to an additional 2,007,927 shares of common stock on the same terms and conditions. The offering is expected to close on or about April 9, 2026, subject to customary closing conditions.
Goldman Sachs & Co. LLC, Jefferies, and BofA Securities are acting as joint lead book-running managers. Morgan Stanley & Co. LLC, BMO Capital Markets, MUFG, RBC Capital Markets, Societe Generale, Barclays, Cantor, Guggenheim Securities, Wolfe | Nomura Alliance, BTIG, Roth Capital Partners, Rothschild & Co, Santander, and Stifel are acting as bookrunners. Blackstone Capital Markets, Tigress Financial Partners, C.L. King & Associates, Drexel Hamilton, Independence Point Securities, Loop Capital Markets, and Penserra Securities LLC are acting as co-managers.
A registration statement on Form S-1 relating to the securities has been filed with, and declared effective by, the Securities and Exchange Commission. The offering is being made only by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Legence is a provider of engineering, consulting, installation, and maintenance services for mission-critical building systems. The company designs, fabricates, and installs complex HVAC, process piping, and other mechanical, electrical and plumbing (MEP) systems, and provides long-term performance through upgrades and holistic solutions. Legence serves technically demanding sectors and counts over 60% of the Nasdaq-100 Index among its clients.
The company noted that certain statements in the release constitute forward-looking statements, including statements related to the completion of the offering on anticipated terms or at all. Legence said these statements are subject to risks and uncertainties that could cause actual results to differ materially, including factors described in the registration statement and its Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
