Stock Building Supply files for a $175 million IPO

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Stock Building Supply Holdings, which manufactures and distributes wood products in the US, filed on Friday with the SEC to raise up to $175 million in an initial public offering. The Raleigh, NC-based company, which was founded in 1922 and booked $1.0 billion in sales for the 12 months ended 3/31/2013, plans to list on the NASDAQ under a symbol to be announced. Goldman Sachs, Barclays and Citi are the joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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