Platinum Equity has signed an agreement to acquire Anuvu. Anuvu is headquartered in Lombard, Illinois, and serves more than 150 airline and 30 cruise line customers, primarily through its Mobile Technology Services and Connectivity divisions.
The former delivers entertainment from a catalogue of more than 400,000 titles.
Joshua Marks, CEO of Anuvu, said: “We’ve made strong progress in recent years by investing in both technology and content, focusing on our core strengths in the aviation and cruise markets. We recently activated the Anuvu Constellation, providing dedicated aviation satellite capacity over North America. In parallel, we continue to expand our media partnerships to license, localise and distribute distinctive content to the world’s leading airlines and cruise lines.”
“We are excited to partner with Platinum Equity to leverage their financial expertise, global capabilities and operational know-how supporting fast-growing portfolio companies,” he added, referencing a company with experience of investing in technology and media businesses.
Marks has been with the company for 10 years and will continue in his role following the acquisition.
Drake Star is serving as the exclusive financial advisor to Anuvu.
Dan Krasner, Managing Director at Platinum Equity, commented: “Anuvu’s long-standing customer relationships, talented employees and global footprint provide a strong platform for organic growth. We also see opportunities to leverage Anuvu’s content and technology capabilities to expand further into adjacent markets, including non-theatrical verticals, media processing and delivery, advertising and other custom services.”
Jacob Kotzubei, Co-President at Platinum Equity, added: “Anuvu is a leader in delivering exceptional entertainment experiences to global aviation customers and has developed highly innovative and technologically advanced satellite connectivity and content delivery platforms.”
“As passenger traffic continues to grow, we are encouraged to see carriers making substantial new investments in both connectivity and entertainment, improving passenger and guest experiences. We look forward to working with Anuvu’s leadership team to capitalise on these tailwinds and other opportunities to grow the business,” he continued.
Financial terms have not been disclosed. The acquisition is expected to close in the fourth quarter of 2025, after the required regulatory approvals are received.
