News
JMH Capital acquires Walker Wood Products, Names new company Luxe Cabinetry
JMH Capital, a Boston‐based private equity firm , is pleased to announce the restructuring and
acquisition of Walker Wood Products, Inc. (WWPI). As part of the transaction, Walker Wood
has been reorganized as Luxe Cabinetry, LLC.
Luxe Cabinetry commenced operation on December 22, 2008 in Walker’s former facility at
43195 Business Park Drive, Temecula, CA, and will continue to provide the same product WWPI
offered under the same Euro‐Select, Euro‐Elite, and Classic‐Custom Flush Inlay Labels.
JMH Capital has hired Vic Lukic as President and CEO of Luxe. In that capacity, Vic will lead
Luxe to new levels of quality, service, and growth, in conjunction with Walker’s former
leadership team including: Roger Glaser as VP Operations, Bob Caverley as Plant Manager,
Ronda Bell as HR Director, and Robert Gaughen as Sales Manager, along with most of Walker’s
former employees.
• Vic Lukic was the CEO of WWPI since July 2007. Prior to WWPI he was the President of Cabinets 2000, Inc., President ‐ Cabinetry Division of Kohler Co. (including Canac), and President and CEO of Kitchen Craft (Fortune Brands company).
• Roger Glaser was the VP of Operations with WWPI since 2000 and is a graduate of CSUSM.
• Bob Caverley is an industry veteran with 33 years of cabinetry experience. He joined WWPI in 1998 as cabinet designer, was promoted to chief product engineer, and in early 2008 was promoted to Plant Manager.
• Rhonda Bell joined WWPI in 2006, comes from GE with extensive HR experience, and holds a BS Business Management degree with HR major.
• Robert Gaughen was with WWPI since 2004, has been in the cabinetry business for 16 years, was in Interior & Furniture Designer for 17 years, and holds a BA degree in Interior & Architectural Design from SDSU.
The unprecedented downturn in the housing industry had a profound impact throughout the
industry. Under JMH’s new ownership, Luxe Cabinetry is poised to be the most reliable supplier
in the industry:
• JMH funded equity capital into the business and is currently debt free
• The cost structure of the company had been substantially improved
• Luxe has retained all of Walker’s state‐of‐the‐art production assets
• The business has increased its geographic scope, serving builders and dealers on a nationwide basis
• The company continues to produce all products and designs formerly offered by WWPI
JMH Capital is a private equity fund located in Waltham, MA, outside of Boston. JMH has
extensive experience in the building products industry, and a strong operating and strategic
orientation.
For additional information contact:
Luxe Cabinetry direct at (951) 491‐7700
Luxe Cabinetry email at
customerservice@luxe-cabinetry
JMH Capital information on,
www.jmhcapital.com