Advanced Drainage Systems acquires Infiltrator Water TechnologiesAdvanced Drainage Systems announced the acquisition of Infiltrator Water Technologies for approximately $1.08 billion from an affiliate of the Ontario Teachers’ Pension Plan and other stockholders. Infiltrator has been a long-standing supplier and customer of ADS for more than 15 years. In a press release, Scott Barbour, ADS president and CEO, says, “This acquisition will allow us to offer an enhanced suite of water management solutions to a broader set of customers and expand our addressable opportunity in the attractive and related onsite septic business.”Liberty Pumps names new president Liberty Pumps named Robyn Brookhart as president.
