Stock Building Supply Announces Sale of Universal Supply

Raleigh, NC – January 13, 2010 – Stock Building Supply Holdings, LLC (“Stock”), an affiliate of The Gores Group, today announced that it is selling its Universal Supply Company (“Universal”) business to US LBM Holdings, LLC (“US LBM”).

Stock acquired Universal Supply, based in Hammonton, NJ, in 2006, as part of its corporate strategy to expand and diversify its participation in the roofing and siding replacement sector. All associates and all shares of the business will become part of US LBM.

“Universal Supply is a profitable business that fits well into US LBM’s portfolio of building products companies,” said Joe Appelmann, President and CEO of Stock. “We desired to place Universal with a new partner that will ensure growth and prosperity for our associates and for the Universal business.”

Appelmann continued, “The sale of Universal allows Stock to have a more targeted focus on our core markets, enabling us to reinvest in these to position ourselves for our own future growth.”

“I especially thank Jeff Umosella, manager of Universal, for all of his hard work and commitment to running this business since it was acquired by Stock in 2006,” Appelmann said. “We wish the best for Jeff and all of the Universal associates as they transition out of Stock, and we will do all that we can to make their transition smooth.”

US LBM Holdings, LLC, is an entity that was formed in October 2009 by BlackEagle Partners, LLC, Building Industry Partners, LLC, and L.T. Gibson. US LBM Holdings recently acquired three formerly owned Stock Building Supply operations in Wisconsin, Central New York and Connecticut.

Additional information regarding today’s announcement is available at Stock’s website www.stockbuildingsupply.com.

About Stock Building Supply
Raleigh, NC-based Stock Building Supply is a leading supplier of building materials to professional home builders and contractors in the United States. Stock operates out of 19 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, Northeast ID, and Los Angeles. For more information 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 $1.7 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

Nadine Keutzer
(919) 431-1750

For The Gores Group, LLC

Frank Stefanik
(310) 209-3010

Terry Fahn
Sitrick And Company
(310) 788-2850