The Gores Group Acquires Remaining Interest in Stock Building Supply

The private equity firm has held a controlling interest in the building materials distribution company since May 2009.

The Gores Group, Los Angeles, CA, has acquired the remaining interest in Stock Building Supply from U.K.-based Wolseley plc. The Gores Group acquired the controlling interest in Stock, No. 8 on MDM’s list of top building materials distributors, from Wolseley on May 5, 2009. Terms of the latest transaction were not disclosed.

We Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.

\"\"

\”We have high expectations for Stock, and this transaction solidifies our position in the company,\” said Ryan Wald, managing director of The Gores Group.

Stock Building Supply is headquartered in Raleigh, NC.

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.