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DEAL STRUCTURE carve out
Status Active
INDUSTRY Architecture & Construction

True Wind carved out AIA Contract Documents (“ACD”) from The American Institute of Architects (“AIA”), one of the largest non-profit professional organizations in the United States. We unlocked significant value by creating a plan for value-creation through this standalone business, recruiting a talented new CEO and C-Suite team, installing new operating systems, accelerating growth, and transforming it from a low-tech product to a high-value platform. True Wind is actively engaged with management to drive M&A opportunities so as to consolidate the fragmented landscape of construction workflow solutions while simultaneously improving technological adoption throughout the industry.