Global law firm Squire Patton Boggs has advised long-time client Advanced Drainage Systems, Inc. (“ADS”), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries, in connection with its successful acquisition of the stock of the water management business of Norma Group SE, including National Diversified Sales, Inc., in an all-cash transaction valued at approximately $1.0 billion.
This strategic acquisition brings together complementary water management solutions to expand ADS’s offerings and further enhances its capabilities as a comprehensive provider of full-scale water management solutions.
The Squire Patton Boggs team advising ADS was led by corporate partner Matthew C. Palmer, with significant contributions from a team that included: Michael Washbush, Meghan E. Hill, Aaron A. Seamon, Jeremy W. Dutra, Allen A. Kacenjar, Carl A. Draucker, Jennifer Satterfield, and Caitlin Steiner.
Squire Patton Boggs congratulates the entire Advanced Drainage Systems team, recognizing the privilege of representing ADS in this transaction and many others throughout our longstanding partnership. The Squire team is proud to support ADS’s ongoing growth.
ADS’s full press release linked here.
