Acquiring Company
Advanced Drainage Systems
Acquired Company
StormTrap Investments
HilliardRomeovilleManufacturingAgriculture and FarmingConstructionWaterBuilding MaterialManufacturingConstructionDescription
Advanced Drainage Systems, Inc. announced its acquisition of StormTrap Investments LLC from PSP Capital for approximately $530 million. This acquisition will enhance ADS's portfolio in innovative water management solutions. StormTrap specializes in engineered stormwater solutions, making this a strategic addition to ADS's offerings.
Quick answer
Advanced Drainage Systems is acquiring StormTrap Investments, announced October 5, 2026. Advanced Drainage Systems is based in Hilliard, Ohio, United States.
- How much did Advanced Drainage Systems pay for StormTrap Investments?
- The deal value was not disclosed.
- What does Advanced Drainage Systems do?
- Advanced Drainage Systems is a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and..
- Where are Advanced Drainage Systems and StormTrap Investments based?
- Advanced Drainage Systems is based in Hilliard, Ohio, United States. StormTrap Investments is based in Romeoville, Illinois, United States.
- Who are the decision-makers at Advanced Drainage Systems?
- Fundz holds 1 contact at Advanced Drainage Systems. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Advanced Drainage Systems acquires NDS for growth (September 8, 2026)
- Maple Leaf Cement merges with Pioneer Cement (September 3, 2026)
- Tri Polarcon acquires Rockhard Polycoats successfully (August 28, 2026)
- Holcim completes Burdett Group acquisition (November 5, 2026)
Who to call at Advanced Drainage Systems, and when
When Advanced Drainage Systems changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired StormTrap Investments?
StormTrap Investments was acquired by Advanced Drainage Systems, based in Hilliard. The deal was reported on October 5, 2026. Advanced Drainage Systems is publicly traded (WMS) 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, Inc. announced its acquisition of StormTrap Investments LLC from PSP Capital for approximately $530 million. This acquisition will enhance ADS's portfolio in innovative water 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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