STOCK BUILDING SUPPLY EXPANDS COLEMAN FLOOR BUSINESS IN NORTHEAST AND SOUTHEAST

Raleigh, NC – December 14, 2010 –  Stock Building Supply Holdings, LLC (Stock), an affiliate of The Gores Group, announced today that its Coleman Floor Company division has begun serving four new markets in the eastern U.S.  Coleman Floor has expanded its footprint into the Northeast to serve the District of Columbia and Baltimore/Pennsylvania/New Jersey markets.  Broadening its coverage of the Southeast, Coleman has also commenced operations in Greenville, South Carolina, with sales coverage in Charleston.  Through its Coleman Floor division, Stock offers professional home builders and contractors a full range of installed flooring products. 

“Coleman Floor now serves customers in seven markets in the eastern U.S. and will continue expanding nationally in 2011,” commented Steve Wilson, Coleman’s director.  “Flooring choices have become increasingly important in residential building and remodeling.  We provide customized solutions and reliable installation to keep our customers’ projects on schedule and within budget.”  

In the Northeast, Mike Hagen has joined Coleman Floor as market manager.  Hagen has more than a decade of flooring industry and production experience and most recently served as branch manager for Creative Touch Interiors’ New Jersey-Pennsylvania market.  Wayne Martin, a 31-year veteran of Coleman Floor, will lead its expansion efforts in South Carolina in addition to his management responsibilities for the North Carolina operations. 

About Coleman Floor Company 

Through the Coleman Floor Company division, Stock Building Supply offers professional home builders a full range of installed flooring products including carpet, ceramic, natural stone, hardwood and vinyl.  As part of its commitment to environmental responsibility, Coleman Floor offers a number of eco-friendly flooring product choices made from materials that are sustainable, recyclable or recycled.  Acquired by Stock in 2006, Coleman Floor serves builders in the District of Columbia, Baltimore, New Jersey, Pennsylvania, North Carolina and South Carolina. 

About Stock Building Supply

Stock Building Supply has been a leading building materials and solutions company in the United States since 1922.  The company specializes in meeting the needs of builders and contractors in residential, light commercial and home repair and remodel construction.  Based in Raleigh, North Carolina, Stock operates coast-to-coast in 21 of the nation’s fastest-growing residential markets.  Coleman Floor Company, Smoot Lumber Company, Bison Building Materials and National Lock Center are also part of the Stock family of businesses. 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 more than $3 billion of committed equity capital. Headquartered in Los Angeles, California, The Gores Group, LLC maintains offices in Boulder, Colorado and London. For more information, please visit www.gores.com.

Media Contacts

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

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