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 [members only] in 2026, is valued in this transaction at an EV/EBITDA multiple of [members only].
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.
Ent. Value
[members only]
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (USD)
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| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 08/2026 | DREAM FINDERS HOMES | BEAZER HOMES | UNITED STATES | Residential Dev |
| 06/2026 | FAIRFAX FINANCIAL | KENNEDY WILSON | UNITED STATES | Property Management |
| 06/2026 | IMPLENIA | ZIGMO ENGINEERING | GERMANY | Architecture & Engineering |
| 05/2026 | BROOKFIELD / GIC | NATIONAL STORAGE | AUSTRALIA | Property Management |
| 05/2026 | OCÉAN PARTICIPATIONS | GROUPE SPATIO | FRANCE | Architecture & Engineering |
| 03/2026 | ROYAL BAM GROUP | GEBROEDERS BLOKLAND | NETHERLANDS | Residential Dev |
| 03/2026 | PUBLIC STORAGE | NATIONAL STORAGE AFFILIATES | UNITED STATES | Property Management |
| 01/2026 | TRITON PARTNERS | FORMICON | GERMANY | Architecture & Engineering |
| 11/2025 | HORIZON CAPITAL | LANPRO | UNITED KINGDOM | Architecture & Engineering |
| 08/2024 | CVC / FIDELIO | ODEVO | SWEDEN | Property Management |
REFERENCES
Revenue range: REV 1m USD - 100m USD
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Erdman by Brightstar Capital Partners are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: erdman
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