LOS ANGELES, Aug. 18, 2025 /PRNewswire/ -- Platinum Equity announced 
today that it has signed a definitive agreement to acquire Anuvu, a 
leading provider of global entertainment and high-speed connectivity 
solutions for airlines, VIP/VVIP aircraft, cruise lines and other 
mobility end-markets. 
 
 
   Headquartered in Lombard, IL, Anuvu serves more than 150 airline and 30 
cruise-line customers worldwide. The company operates two primary 
divisions: 
 
 
   -- Media Technology Services: Licenses, distributes, localizes and delivers 
 
      entertainment content for aviation, maritime and non-theatrical end 
 
      markets, with a catalog of more than 400,000 titles 
 
 
 
   -- Connectivity: Provides telecommunications equipment, broadband satellite 
 
      Internet access, passenger management services, and analytics solutions 
 
      to airline customers. 
 
 
   "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," said Platinum Equity Co-President Jacob Kotzubei. "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 capitalize on these 
tailwinds and other opportunities to grow the business." 
 
 
   Joshua Marks, CEO of Anuvu, who has been with the company for 10 years 
and helped the business navigate through COVID and a subsequent 
transformation, will continue in his role following the acquisition. 
 
 
   "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, 
localize and distribute distinctive content to the world's 
leading airlines and cruise lines," said Marks. "We are excited to 
partner with Platinum Equity to leverage their financial expertise, 
global capabilities, and operational know-how supporting fast-growing 
portfolio companies." 
 
 
   Platinum Equity has deep experience investing in technology and media 
businesses. Its current portfolio includes Deluxe, a leading provider of 
end-to-end post-production services for the world's leading content 
production studios. 
 
 
   "Anuvu's long-standing customer relationships, talented employees and 
global footprint provide a strong platform for organic growth," said 
Platinum Equity Managing Director Dan Krasner. "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." 
 
 
   Financial terms were not disclosed. The acquisition is expected to close 
in the fourth quarter calendar year 2025, after the receipt of required 
regulatory approvals. 
 
 
   Drake Star is serving as the exclusive financial advisor to Anuvu. 
 
   About Platinum Equity 
 
 
   Founded in 1995 by Tom Gores, Platinum Equity is a global investment 
firm with approximately $50 billion of assets under management and a 
portfolio of approximately 60 operating companies that serve customers 
around the world. Platinum Equity specializes in mergers, acquisitions 
and operations -- a trademarked strategy it calls M&A&O$(R)$ -- acquiring 
and operating companies in a broad range of business markets, including 
manufacturing, distribution, transportation and logistics, equipment 
rental, metals services, media and entertainment, technology, 
telecommunications and other industries. Over the past 30 years Platinum 
Equity has completed more than 500 acquisitions. 
 
   About Anuvu 
 
 
   Anuvu connects and entertains the world's passengers. Our award-winning 
content and connectivity solutions are reliable, scalable, and tailored 
to our customers' brands and service objectives. With a flexible and 
agile approach, we maximize the technology available today, while 
optimizing for tomorrow. 
 
 
   Some of the most experienced professionals in the industry lead our 
teams and this, together with our long-standing client relationships, 
means we never stand still. 
 
 
   Anuvu. Let Innovation Move You. 
 
 
   Follow Anuvu on LinkedIn for further updates and insights. 
 
 
   Contacts: 
 
   Dan Whelan 
 
   Platinum Equity 
 
 
   dwhelan@platinumequity.com 
 
   Caroline Smith 
 
   Anuvu 
 
 
   caroline.smith@anuvu.com 
 
 
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content:https://www.prnewswire.com/news-releases/platinum-equity-to-acquire-anuvu-302532095.html 
 
 
 
   SOURCE Platinum Equity 
 
 
 
 
 
 

(END) Dow Jones Newswires

August 18, 2025 08:23 ET (12:23 GMT)