mynth
← DATABASE
06/2026

ERDMAN acquired by BRIGHTSTAR CAPITAL PARTNERS

UNITED STATES Real Estate Services / Services / Architecture & Engineering REV 1m USD - 100m USD

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.

Ent. Value

LOGIN

Equity Value

LOGIN

Multiples

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2026
LOGIN
LOGIN
LOGIN
2025
LOGIN
LOGIN
LOGIN

Similar deals in Construction & Real Estate

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
06/2026IMPLENIAZIGMO ENGINEERINGGERMANYReal Estate Services

Implenia has signed an agreement to acquire Zigmo Engineering, a German specialist in structural engineering and building design. This move is part of the group's strategy to bolster its high-value-added activities, particularly within its Service Solutions division, which encompasses engineering, consulting, and design services

05/2026OCÉAN PARTICIPATIONSGROUPE SPATIOFRANCEReal Estate Services

Groupe Spatio has been acquired by Sébastien Piffard, with the support of minority investors Océan Participations and Volney Développement (two investment vehicles of Crédit Mutuel, a leading French bank)

01/2026TRITON PARTNERSFORMICONGERMANYReal Estate Services

Triton has announced the establishment of Formicon by consolidating four architecture and engineering firms. The goal is to create a German market leader capable of covering all service phases of construction projects (from "Phase Zero" to completion)

04/2024BRIDGEPOINTEVORIELFRANCEReal Estate Services

Bridgepoint acquired the majority of Nexity's residential services division to form EVORIEL. The deal allows Nexity to deleverage and refocus on urban development, while EVORIEL benefits from Bridgepoint's expertise in consolidating fragmented service markets

12/2020SBB NORDENOFFENTLIGA HUSSWEDENReal Estate Services

The acquisition of Offentliga Hus i Norden AB by Samhällsbyggnadsbolaget i Norden AB marks a significant strategic move in the Nordic real estate market. The deal enables SBB to expand its portfolio and increase its presence in the region

10/2017ARDIANBABEAU SEGUINFRANCEReal Estate Services

Ardian entered into an agreement to acquire a majority stake in Babeau Seguin from NiXEN Partners and a syndicate of minority investors including Pechel Industries, Siparex, and Bpifrance. The transaction was structured as a tertiary LBO, with the management team reinvesting to increase their equity stake

REFERENCES

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: 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