ERDMAN acquired by BRIGHTSTAR CAPITAL PARTNERS
Context
Brightstar Capital Partners has acquired Erdman to bolster its architecture and engineering platform, established in 2025 with KZF Design, and accelerate its growth in the healthcare and senior living sectors. This strategic acquisition enables Brightstar to integrate a renowned national player in the US, with licenses in over 45 states and a proven track record in designing hospitals, medical centers, and senior living facilities. The deal is underpinned by favorable demographic trends, including the expected doubling of the US population aged 80 and above over the next two decades, which is likely to drive sustained investment in healthcare and senior living infrastructure. By integrating Erdman, Brightstar strengthens its position in these high-growth markets while expanding the sectoral capabilities of its platform. The acquisition also brings Brightstar ZeroIn, a proprietary data analytics platform dedicated to healthcare infrastructure planning, which serves as a technological differentiator and enhances the services offered to clients.
ERDMAN, which reported an EBITDA margin of LOGIN in 2026, is valued in this transaction at an EV/EBITDA multiple of LOGIN.
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
Target
Erdman is a US-based architecture, engineering, and consulting firm specializing in the design of healthcare infrastructure and senior living facilities. Founded in 1951 and headquartered in Madison, Wisconsin, the company supports healthcare providers throughout the entire project lifecycle, from strategic planning to design and engineering of new facilities. Erdman's primary focus is on the design of hospitals, outpatient care centers, medical office buildings, and senior living communities, covering the spectrum of independent living, assisted living, and memory care units. With professional licenses held in over 45 states, the firm operates nationwide. Erdman also stands out for developing ZeroIn, a proprietary data analytics platform that optimizes healthcare infrastructure planning and informs clients' investment decisions. By combining sector-specific expertise, engineering capabilities, and analytical tools, Erdman delivers data-driven solutions tailored to the evolving needs of the healthcare industry.
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Historical Financials (USD)
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REFERENCES
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Target: erdman
Acquirer: brightstar capital partners