Initial Public Offering

Industrial
Initial Public Offering

Summary

Baird served as lead co-manager on this offering

About

Stock Building Supply Holdings, Inc. (“Stock Building Supply” or the “Company”) (NASDAQ-GS: STCK), a portfolio company of The Gores Group, recently completed an initial public offering of 8,050,000 shares of common stock at a price of $14.00 per share, generating gross proceeds of approximately $112.7 million. A total of 4,411,765 shares were sold by the Company and 3,638,235 shares were sold by selling stockholders. Stock Building Supply will not receive any proceeds associated with the shares sold by the selling stockholders. The Company expects to use the net proceeds that it receives from the offering to pay approximately $46.2 million of outstanding balances under the Company’s revolving line of credit and to pay fees and expenses related to the offering.

Stock Building Supply is a large, diversified lumber and building materials distributor and solutions provider that sells primarily to new construction and repair and remodel contractors. The Company’s primary products include lumber & lumber sheet goods, millwork, doors, flooring, windows, structural components, such as engineered wood products, trusses, wall panels and other exterior products. Stock Building Supply serves a broad customer base, including large-scale production homebuilders, custom homebuilders and repair and remodeling contractors. The Company is headquartered in Raleigh, North Carolina.

For additional information about this transaction, please contact:

Chris Cooper (704) 553-6610
Jason Kliewer (813) 273-8242
Jeff Seaman (312) 609-4687
Tom Lange (813) 273-8248
Peter Kies (414) 765-7262
David Silver +44 (0) 20 7667 8216
Industrial
Initial Public Offering
Date
August 2013
Company
Stock Building Supply Holdings, Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America

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