Acquiring Company
Advanced Drainage Systems
Acquired Company
StormTrap Investments
Description
Advanced Drainage Systems has announced its plan to acquire StormTrap Investments LLC for approximately $530 million. This acquisition aims to enhance ADS' product portfolio in stormwater storage solutions, focusing on large storage volumes. The deal is expected to close in the fourth quarter of 2026, pending regulatory approvals. Both companies anticipate a significant expansion in customer reach and market participation.
Fundz sees it the moment Advanced Drainage Systems makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired StormTrap Investments?
StormTrap Investments was acquired by Advanced Drainage Systems, based in United States. The deal was reported on October 6, 2026. Advanced Drainage Systems (ADS) supplies stormwater and onsite wastewater products. The company provides innovative solutions to improve drainage and reduce flooding. Advanced Drainage Systems is privately held and operates in Manufacturing.
When did Advanced Drainage Systems acquire StormTrap Investments?
Advanced Drainage Systems's acquisition of StormTrap Investments was reported on October 6, 2026. Advanced Drainage Systems has announced its plan to acquire StormTrap Investments LLC for approximately $530 million. This acquisition aims to enhance ADS' product portfolio in stormwater storage solutions, focusing on large storage volumes. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does StormTrap Investments do?
StormTrap is an industry leader in large volume, space-constrained, highly engineered stormwater solutions. The company specializes in providing effective management of stormwater runoff. It is privately held, operating in Manufacturing, and is based in Romeoville.
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