Group led by Stephen DeFuria Acquires VANA
VANA has been acquired from founder Kevin Wolff, effective immediately, by a group of investors led by consumer electronics and high-performance audio industry figure Stephen DeFuria.
By RS Staff
Published: February 10, 2016 ⋅ Updated: May 27, 2019
VANA has been acquired from founder Kevin Wolff, effective immediately, by a group of investors led by consumer electronics and high-performance audio industry figure Stephen DeFuria. VANA’s new headquarters will be based in Lake Grove, NY with a logistics and distribution center in Buffalo, NY. DeFuria will maintain his offices in the greater Boston area.
DeFuria bought VANA with James, Roy, and Justin Feldstein, who have recently celebrated their 40th year in the performance audio industry as principals of Audio Den located on Long Island. Each member of the team will support the VANA initiative in a distinct capacity, with James Feldstein as CEO, Roy as CTO and Justin as managing director. DeFuria, as director of business development, will be responsible for establishing and growing the sales channel.
DeFuria has dedicated much of his career to sales channel management. Now DeFuria will leverage his experience and relationships on behalf of VANA, which represents brands like Audio Physic, Primare Electronics of Sweden, E.A.T (European Audio Team) from Prague, Czech Republic and Dr. Feickert Turntables of Germany.
“Our company’s mandate is to focus on genuine, high-performance products that represent every price altitude in each product category,” said DeFuria. “We want to have relationships with brands that epitomize benchmark performance, including audio accessories that eschew mythology and offer listeners verifiable sonic enhancement. As a team we are prepared to invest the financial and human resources necessary to establish VANA as a trusted entity in the marketplace. We plan to support our channel with training initiatives and highly visible brand messaging, including aggressive traditional and non-traditional strategies that serve our dedicated dealers. It is our intent to be much more than just a logistics management operation.”
Stephen DeFuria can be contacted by email or phone (781) 962-9073.