Acquiring Company
Advanced Drainage Systems
Acquired Company
StormTrap Investments
FloridaRomeovilleManufacturingAgriculture and FarmingWaterManufacturingConstructionDescription
Advanced Drainage Systems has agreed to acquire StormTrap for $530 million. The deal aims to enhance ADS's infrastructure and commercial development offerings. StormTrap will contribute to ADS's growth in stormwater management solutions. The acquisition is expected to close in the fourth quarter of 2026, pending regulatory approvals.
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 Florida. The deal was reported on October 5, 2026. Advanced Drainage Systems is a leading provider of water management solutions in the U.S. The company specializes in the manufacture of innovative drainage products for both residential and commercial applications. 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 5, 2026. Advanced Drainage Systems has agreed to acquire StormTrap for $530 million. The deal aims to enhance ADS's infrastructure and commercial development offerings. StormTrap will contribute to ADS's growth in stormwater management solutions. 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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