Advanced Drainage Systems Acquires Jet Polymer Recycling

Advanced Drainage Systems Acquires River Valley Pipe

May 8, 2025

Building Products

Advanced Drainage Systems, Inc. (ADS) has acquired River Valley Pipe LLC, a privately owned manufacturer of corrugated plastic pipe serving the agriculture market, headquartered in Lacon, Illinois with manufacturing locations in Illinois and Iowa. The acquisition supports ADS’s strategic priority to grow its market-leading position in stormwater and agricultural drainage across key Midwest states and expands its manufacturing footprint and capabilities in those regions.

Advanced Drainage Systems Acquires CULTEC, Inc.

May 2, 2022

Building Products

Advanced Drainage Systems (ADS) has acquired CULTEC, Inc., a family-owned manufacturer of plastic stormwater and septic chambers headquartered in Brookfield, Connecticut. The acquisition expands ADS' product portfolio in stormwater and on-site septic wastewater solutions and brings CULTEC's engineering and manufacturing capabilities into ADS' national manufacturing and distribution platform.

The Jordan Company Acquires PSG Polymer Additives Division from Arsenal Capital Partners

November 26, 2019

Manufacturing

The Jordan Company has completed the acquisition of Polymer Solutions Group’s Polymer Additives division (PSG Polymer Additives) from Arsenal Capital Partners. The Cleveland-headquartered business supplies proprietary polymer additives, dispersions and performance chemicals to rubber, plastics and engineered wood markets and will partner with TJC to expand its global platform and grow its market position.

FV Recycling Acquires Tupelo Recycling

March 28, 2024

Environmental Services

FV Recycling, a Jones Capital portfolio company based in Hattiesburg, Mississippi, has acquired the paper recycling business of JET Polymer Recycling (commonly known as Tupelo Recycling), adding a recycling plant in Tupelo, Mississippi. The acquisition densifies FV Recycling’s footprint across North Mississippi, Alabama, Kentucky and Tennessee and expands its commercial recycling and baler equipment repair capabilities.

Dow Agrees to Acquire Circulus, North American Polyethylene Recycler

June 20, 2024

Environmental Services

Dow has signed an agreement to acquire Circulus, a North American polyethylene recycler that operates facilities in Ardmore, Oklahoma and Arab, Alabama, adding 50,000 metric tons per year of recycled material capacity. The acquisition strengthens Dow's mechanical recycling capabilities and supports its goal to produce 3 million metric tons of circular and renewable solutions annually by 2030. The transaction is expected to close in the third quarter of 2024, subject to customary regulatory approvals.

Deep Blue Midland Basin LLC Acquires Environmental Disposal Systems, LLC from Diamondback Energy

September 2, 2025

Energy

Deep Blue Midland Basin LLC, the Midland Basin water-infrastructure platform backed by Five Point and Diamondback, agreed to acquire Environmental Disposal Systems, LLC from Diamondback Energy. The transaction (valued at $750 million) nearly doubles Deep Blue's scale, secures a 15-year dedication from Diamondback, and is expected to unlock operational and commercial synergies across the integrated produced-water system.