Deal Details
Follow-On Offering
Summary
Baird served as lead co-manager on this offering
About
Stock Building Supply Holdings, Inc. (“Stock Building Supply” or the “Company”) (NASDAQ-GS: STCK) recently completed a follow-on offering of 6,371,150 shares of common stock at a price of $19.50 per share, generating gross proceeds of approximately $124.2 million. All of the shares offered were sold by selling shareholders of Stock Building Supply. The Company will not receive any proceeds from the sale of shares in the offering.Stock Building Supply is a large, diversified lumber and building materials distributor and solutions provider that sells to new construction and repair and remodel contractors. The Company’s primary products include lumber & lumber sheet goods, millwork, doors, flooring, windows, structural components, such as engineered wood products, trusses, wall panels and other exterior products. Stock Building Supply serves a broad customer base, including large-scale production homebuilders, custom homebuilders and repair and remodeling contractors. The Company is headquartered in Raleigh, North Carolina.
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- Date
- March 2014
- Company
- Stock Building Supply Holdings, Inc.
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- North America
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