Advanced Drainage Systems

Buy-side

Exclusive Financial Advisor, May 2022

Advanced Drainage Systems
Acquisition of Cultec, 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.

Located in Brookfield, Connecticut, Cultec, Inc., has been helping engineers and contractors design stormwater solutions unique to their specific projects for over 30 years. The Company manufactures stormwater chambers for commercial and residential construction projects, as well as septic installations. The team at Cultec has been adjusting and innovating their products to keep pace with the changing needs of the market since 1986. With a full technical design department, the Company offers best-in-class customer support and full-cycle computer assisted design capability. Cultec’s worldwide presence includes chamber installations throughout the United States, Canada, Europe, South America and the Caribbean.

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