Mergers & AcquisitionsMedium•5 October 2026•
1 min read
Advanced Drainage Systems to Acquire StormTrap for $530 Million
Key Facts
1Advanced Drainage Systems announced a definitive agreement to acquire StormTrap Investments LLC for approximately $530 million.
Advanced Drainage Systems announced a definitive agreement to acquire StormTrap Investments LLC for approximately $530 million. Business Wire reported that the deal involves purchasing the specialist in large-volume stormwater solutions from PSP Capital.
The acquisition is intended to strengthen the company's market position in water management, specifically regarding engineered solutions for space-constrained environments. WMS closed at $127.27 on October 2, 2026, with the stock trading between a low of $126.71 and a high of $129.64 during that session.