financetom
Business
financetom
/
Business
/
Blackstone-backed Legence raises $728 million in US IPO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Blackstone-backed Legence raises $728 million in US IPO
Sep 11, 2025 4:36 PM

Sept 11 (Reuters) - Engineering and maintenance services

provider Legence raised $728 million in its U.S. initial public

offering on Thursday, adding its name to the string of companies

looking to go public amid heightened investor enthusiasm.

The San Jose, California-based company sold 26 million

shares priced at $28, within its marketed range of $25 to $29

apiece. This gives Legence a valuation of $2.85 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved