Advanced Drainage Systems acquired River Valley Pipe, LLC (assets) for approximately $18.8 million (preliminary fair value of consideration transferred), a transaction completed in May 2025, structured as all cash (funded from cash on hand).
River Valley Pipe, LLC (assets) operates in Stormwater, is based in Midwest United States. ADS completed the acquisition of the assets of River Valley Pipe, LLC, a privately owned pipe-manufacturing company located in the Midwest region of the United States. ADS recorded approximately $3.0 million of identifiable intangible assets (customer relationships and tradename). River Valley Pipe is reported within the Stormwater segment.
Adds regional pipe-manufacturing capacity within ADS's core Stormwater segment.
Stormwater segment
Advisory firms were not disclosed for this transaction.