Castle Placement Named Exclusive Placement Agent for +/-$16 million of equity for Wally Walls

By: Castle Placement and client firm
 
NEW YORK - Nov. 20, 2018 - PRLog -- Insulated Wall Holdings, LLC ("Wally Walls") announced today that it has engaged Castle Placement, LLC as its exclusive placement agent to raise $16 million of equity to expand operations to meet sales for their lightweight, energy efficient wall systems.

Wally Walls provides structurally insulated modular walls for commercial development and homes. They perform design assist services, sales, product development and manufacturing all under one roof. The company acquired the assets of UltraFrame®Building System in 2015 from Transcon Steel in Texas. Wally Walls designs and constructs energy efficient structural buildings. The UltraFrame®Building System cuts framing time and labor costs by 50%, and lowers energy costs by 70%. Accordingly, the company improves the market's current traditional building process. In addition, through its relationship with BluePaint Development, LLC, the companies develop sensible energy efficient homes throughout the country.

Founded in 2009, Castle Placement raises equity and debt capital for private middle market companies across a broad spectrum of industries. Highly experienced investment bankers and a robust, data-driven, innovative technology platform - including artificial intelligence/machine learning - match great companies with global institutional investors. Castle Placement's proprietary app, CPGO, connects companies with investors in real time. It has over 64,500 private equity, venture capital and strategic investors, family offices, pension funds, foundations, endowments, sovereign wealth funds, hedge funds and lenders.

For more information about this deal, please visit https://castleplacement.com/portfolio/wally-walls/

Contact
Castle Placement - Richard Luftig
rluftig@castleplacement.com
(212) 418-1181
End
Source:Castle Placement and client firm
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Tags:Investment Bank
Industry:Manufacturing
Location:New York City - New York - United States
Subject:Deals
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