Platinum Equity, an investment firm, is acquiring Anuvu, a provider of global entertainment and high-speed connectivity solutions. Anuvu’s current CEO, Joshua Marks, will stay on in the role. The deal is expected to close at the end of 2025, and currently financial terms have not been disclosed. At this time, Anuvu serves over 150 airlines and 30 cruise-line customers.
“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,” said Platinum Equity Co-President Jacob Kotzubei. “We look forward to working with Anuvu’s leadership team to capitalize on these tailwinds and other opportunities to grow the business.”
“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,” commented Marks. “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.”
“Anuvu’s long-standing customer relationships, talented employees and global footprint provide a strong platform for organic growth,” added 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.”
Photo: Platinum Equity
