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.
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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.