Advanced Drainage Systems

Exclusive Financial Advisor, December 2021

Acquisition of Jet Polymer Recycling Inc.

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 agriculture marketplace. For over 50 years, the Company has been manufacturing a variety of innovative and environmentally friendly alternatives to traditional materials. Its innovative products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. The Company has established a leading position in many of these end markets by leveraging its national sales and distribution platform, overall product breadth and scale and manufacturing excellence. Founded in 1966, the Company operates a global network of approximately 60 manufacturing plants and 30 distribution centers.

Jet Polymer Recycling, founded in 1972, specializes in integrated waste management, recycling and raw material solutions. Jet offers a full-suite of recycling solutions ranging from toll-grinding, blending and extrusion to custom product formulation and compounding. Jet is headquartered in Fort Payne, AL with additional locations across Alabama, Mississippi and Georgia.