Advanced Drainage Systems

During the partnership with American Securities, Advanced Drainage Systems, Inc. (ADS) was the world's largest producer of corrugated high density polyethylene (HDPE) pipe used for agriculture, construction and retention, and drainage. The company had a global network of 53 domestic and international manufacturing plants and more than 24 distribution centers.

Industry

Industrial

Investment History

Invested in September 2010

IPO in July 2014

“They are interested in the wellbeing not only of our company, but also our people.”

Joe Chlapaty

Advanced Drainage Systems

The above individual is a current or former executive of an American Securities portfolio company. They have not received, nor will they receive any cash or non-cash compensation for providing these statements. This individual is neither an American Securities advisory client; nor are they an investor in any American Securities-advised private fund entities. This individual has potential and actual conflicts of interest as a result of their business activities and relationships with American Securities. With respect to current CEOs, they work for companies owned and controlled by an American Securities fund, and receive their salaries and other economic benefits from those companies. Former CEOs worked for companies that were owned and controlled by an American Securities fund, and formerly received their salaries and other economic benefits from those companies.