NEW YORK and PHOENIX, Nov. 11, 2016 /PRNewswire/ -- Young America Capital is pleased to announce that it has successfully arranged $5.0 million in growth financing for HercuTech Inc, (www.hercutech.com) manufacturer of HercuWall, a proprietary panelized exterior wall system for single and multi-family homes and light commercial and industrial buildings. HercuWall reduces construction time for exterior walls from 5-7 days to 3-5 hours while using 90% less rebar and 30% less concrete than traditional construction methods. HercuWall replaces both concrete block and wood frame construction and its unique insulating properties result in an energy efficient structure with efficiency ratings up to R34. HercuWall has been approved by Miami Dade County for use in hurricane zones.
The proceeds from the offering will be used to manufacture HercuWall for several residential developments across the United States. The financing was provided by WindSail Capital Group.
About Young America Capital, LLC
Founded in 2000, Young America Capital is a New York-based FINRA/SEC/MSRB licensed independent investment banking and advisory firm which provides capital raising, M&A advisory and fund marketing services for companies and alternative investment fund managers. The company is comprised of a diverse group of investment banking professionals with particularly deep sector experience in Consumer & Retail, Energy & Cleantech, Technology, Media and Telecom, Healthcare & Life Sciences; Maritime, Infrastructure & Logistics, Real Estate, and Latin America.
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SOURCE Young America Capital