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PSP Capital Agrees To Sell StormTrap To Advanced Drainage Systems For ~$530M

Oct 13, 2026 · 01:30 PM ET· updated 1h ago

PSP Capital, a global private investment firm founded by its Chairman, Penny Pritzker, announced that it has entered into a definitive agreement to sell StormTrap, a leading provider of stormwater management systems and

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Why It Matters

A company that handles stormwater systems is being sold to Advanced Drainage Systems. This shows the stormwater business is valuable and buyers see a good opportunity there.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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