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ADVANCED DRAINAGE SYSTEMS, INC.Bullish
Advanced Drainage Systems (ADS) has entered into a definitive agreement to acquire StormTrap Investments for approximately $530 million. This acquisition is set to expand ADS's water management portfolio and create cross-selling opportunities in infrastructure markets, with the transaction expected to close in the fourth quarter of 2026.…more
ADVANCED DRAINAGE SYSTEMS, INC.
This is the annual report for the Advanced Drainage Systems, Inc. Retirement and Stock Ownership Plan (KSOP) for the fiscal year ended March 31, 2026. As of March 31, 2026, the plan's net assets available for benefits totaled approximately $1.223 billion, reflecting an increase of approximately $122.2 million from the previous year.…more
ADVANCED DRAINAGE SYSTEMS, INC.
Insider Patrick M. Coyle Jr. of Advanced Drainage Systems, Inc. filed a Form 4 on September 3, 2026, reporting a change in beneficial ownership of securities effective September 1, 2026. This filing serves as an official record of the insider's equity transaction.…more
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Advanced Drainage Systems to Acquire StormTrap for $530M
Advanced Drainage Systems has entered into a definitive agreement to acquire stormwater management provider StormTrap for approximately $530 million. The transaction is expected to close in the coming months, pending customary regulatory approvals.…more
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Advanced Drainage Systems is acquiring stormwater solutions provider StormTrap for approximately $530 million to expand its product portfolio. The deal is expected to be accretive to adjusted EPS in the first year and strengthens the company's position in the infrastructure market.…more
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