STOCK BUILDING SUPPLY ANNOUNCES STEVE WILSON AS DIRECTOR OF COLEMAN FLOOR BUSINESS UNIT

Raleigh, North Carolina, July 14, 2010 –  Stock Building Supply Holdings, LLC (Stock), an affiliate of The Gores Group, announced today that Steve Wilson has joined the company as Director of its Coleman Floor business unit.  In this new role, Wilson will have responsibility for the national expansion of the division, which offers professional home builders a full range of installed flooring products.   

Wilson joins Stock from HD Supply, where he was District Manager for its Northeast and Mid-Atlantic markets.  Prior to that role, he held other sales and operations leadership positions with HD Supply and Home Design Elements.  Wilson also brings to Stock almost a decade of experience in management consulting at Booz Allen Hamilton, PRTM Consulting and Deloitte Consulting.  He holds an MBA degree from the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill and a degree in mechanical engineering from Virginia Military Institute.

“Steve’s depth of knowledge and experience in the building materials industry, his general business and commercial acumen and his proven leadership skills make him ideally suited to drive the growth of this key business unit at Stock,” commented Joe Appelmann, Chief Executive Officer of Stock. “I look forward to working with him to maximize this opportunity.” 

Wilson remarked on his new role, “I am excited about leading the Coleman Floor division as we embark on national growth with full commitment and investment from Stock.  It is our goal to rapidly expand the Coleman business in 2010 and 2011 to better serve our customers.”  

About Coleman Floor
Through our Coleman Floor division, Stock Building Supply offers professional home builders a full range of installed flooring products. For over 60 years, Coleman Floor has installed carpet, ceramic, natural stone, hardwood and vinyl directly for the home builder. Our experienced sales staff and highly trained installers are currently located in three locations in North Carolina, all of which are NHQ certified by the National Association of Homebuilders (NAHB).

About Stock Building Supply
Stock Building Supply has been a leading building materials and solutions company for professional builders and contractors in the United States since 1922.  We have concentrated our experience in the residential sector, specifically serving builders of new construction single- and multi-family homes, as well as the repair and remodel market.    

Headquartered in Raleigh NC, Stock Building Supply currently operates in 20 key residential markets including Washington DC, Paradise PA, Richmond VA, Raleigh-Durham, Charlotte, Winston-Salem/Greensboro NC, Greenville SC, Columbia SC, Atlanta, Austin, Amarillo, Houston, Lubbock, San Antonio, Albuquerque, Salt Lake City, Southern UT, Northern ID/Eastern WA, Central and Northwest Arkansas and Los Angeles. For more information, please visit www.stockbuildingsupply.com.

About The Gores Group, LLC
Founded in 1987, The Gores Group, LLC is a private equity firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm's operating experience and flexible capital base. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. The Gores Group, LLC has become a leading investor having demonstrated over time a reliable track record of creating substantial value in its portfolio companies alongside management. The firm's current private equity fund has committed equity capital of $2.9 billion. Headquartered in Los Angeles, California, The Gores Group, LLC maintains offices in Boulder, Colorado and London. For more information, please visit www.gores.com 

Press Contacts

For Stock Building Supply 
Robin Fastenau
Director of Corporate Communications
(919) 431-1750

For The Gores Group, LLC
Frank Stefanik
(310) 209-3010