Kirkland & Ellis advised the Ontario Teachers' Pension Plan in its sale, along with other stockholders, of Infiltrator Water Technologies to Advanced Drainage Systems Inc. (NYSE: WMS) for a base purchase price of approximately $1.08 billion. Infiltrator Water Technologies is a leader in on-site septic wastewater treatment.

Read the company press release 

The Kirkland team was led by transactional partner Matthew Arenson and associates Amelia Davis and Jordan Turban with the support of transactional partners Stephen Ritchie and Jeremy Liss.