The Gores Group Taking Stock Building Supply Public
June 18, 2013
Stock Building Supply, a portfolio company of The Gores Group, has filed to raise $175 million in an initial public offering. Based in Raleigh, NC, Stock Building Supply is a lumber and building materials distributor and solutions provider that sells primarily to new construction and repair and remodel contractors. The Gores Group bought a 51% interest in the company from Wolseley in 2009. The company has applied to list on the NASDAQ.