$1.5 Billion Building Materials Merger

June 2, 2015

Cleary Gottlieb is representing Goldman Sachs, as financial advisor to Building Materials Holding Corporation, in its all-stock merger with Stock Building Supply Holdings. The combined company is expected to have an implied pro forma enterprise value of $1.5 billion. The parties announced the transaction on June 2, 2015. The merger is expected to close in the fourth quarter of 2015.

Building Materials Holding Corporation is a leading provider of residential building products and construction services to professional builders and contractors in the Western United States, Texas and North Carolina.

Stock Building Supply Holdings is a diversified lumber and building materials distributor and solutions provider that sells to new construction and repair and remodeling contractors.