Investment Date
May 2009
Vertical
Industrial
Fund
GCP II
Investment Status
Current
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Stock Building Supply

Leading supplier of building materials and construction services to professional home builders and contractors in the United States

Highlights
  • Offers a wide range of products including cabinets, decking, doors, engineered wood, flooring, lumber, millwork, roof and floor trusses, wall panels, and windows
  • Provides services that include design centers, installation services, and estimates for requested projects
  • Headquartered in Raleigh, North Carolina, current network includes 60 facilities in 13 states
  • Originally a Joint Venture between Gores and Stock Building Supply parent, Wolseley; in November 2011, Gores acquired Wolseley’s remaining minority interest

Initiatives
  • Implemented an aggressive cost management program
  • Focused on more effective solution selling to higher-margin customer and product segments
  • Pursued and completed a number of value-add M&A and divestiture activities
  • Successfully completed IPO at a price of $14 per share; shares are listed on NASDAQ under the symbol “STCK”