Key Takeaways
- • Platinum Equity has completed its acquisition of Anuvu, a global provider of inflight entertainment and connectivity solutions, with the deal originally announced in August 2025 and closing on October 29, 2025.
- • Anuvu operates two core business divisions: Media Technology Services (400,000+ title entertainment catalog for aviation, maritime, and non-theatrical markets) and Connectivity (broadband satellite Internet, telecommunications equipment, and passenger management services).
- • The combined platform serves over 150 airline clients and 30 cruise-line operators worldwide, positioning Platinum Equity to pursue expansion opportunities across adjacent mobility and connectivity markets.
- • CEO Josh Marks highlighted the acquisition as a catalyst for accelerated technological innovation and growth, with Platinum Equity executives emphasizing shared vision for scaling both business segments.
- • Financial terms were not disclosed; Drake Star Partners served as exclusive financial advisor to Anuvu on the transaction.
Summary
Platinum Equity has closed its acquisition of Anuvu, completing a strategic buyout of one of the aviation and maritime industries' leading entertainment and connectivity providers. The deal, originally announced in August 2025, was finalized on October 29, 2025, according to a press release issued from Anuvu's Lombard, Illinois headquarters.
Anuvu operates through two complementary divisions that collectively address passenger experience and operational connectivity across mobility markets. The Media Technology Services division manages a substantial content library exceeding 400,000 titles, which it licenses, distributes, and localizes for aviation, maritime, and non-theatrical markets. The Connectivity division delivers broadband satellite Internet access, telecommunications equipment, passenger management systems, and analytics solutions specifically tailored to airline operators.
The company's client base reflects meaningful scale within its addressable markets: Anuvu serves over 150 airline customers and 30 cruise-line operators globally, establishing a diversified revenue foundation across both leisure and commercial transportation segments. Josh Marks, Anuvu's CEO, framed the acquisition as a strategic inflection point, stating that "Platinum Equity will provide the launching pad to further the company's growth in technology and content." Platinum Equity Co-President Jacob Kotzubei and Managing Director Dan Krasner emphasized the acquirer's intent to leverage Anuvu's existing capabilities to identify and pursue expansion opportunities in adjacent markets, signaling a growth-oriented rather than consolidation-focused investment thesis.
Drake Star Partners acted as exclusive financial advisor to Anuvu throughout the transaction process. The acquirer and seller elected not to disclose transaction financial terms, a common practice in large private equity acquisitions of this scale.
Anuvu operates through two complementary divisions that collectively address passenger experience and operational connectivity across mobility markets. The Media Technology Services division manages a substantial content library exceeding 400,000 titles, which it licenses, distributes, and localizes for aviation, maritime, and non-theatrical markets. The Connectivity division delivers broadband satellite Internet access, telecommunications equipment, passenger management systems, and analytics solutions specifically tailored to airline operators.
The company's client base reflects meaningful scale within its addressable markets: Anuvu serves over 150 airline customers and 30 cruise-line operators globally, establishing a diversified revenue foundation across both leisure and commercial transportation segments. Josh Marks, Anuvu's CEO, framed the acquisition as a strategic inflection point, stating that "Platinum Equity will provide the launching pad to further the company's growth in technology and content." Platinum Equity Co-President Jacob Kotzubei and Managing Director Dan Krasner emphasized the acquirer's intent to leverage Anuvu's existing capabilities to identify and pursue expansion opportunities in adjacent markets, signaling a growth-oriented rather than consolidation-focused investment thesis.
Drake Star Partners acted as exclusive financial advisor to Anuvu throughout the transaction process. The acquirer and seller elected not to disclose transaction financial terms, a common practice in large private equity acquisitions of this scale.
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