Platinum Equity to Acquire Anuvu, Enhancing In-Flight Entertainment and Connectivity Solutions

Platinum Equity to Acquire Anuvu, Enhancing In-Flight Entertainment and Connectivity

Lombard, Illinois — In a significant move within the aviation and cruise industries, private finance group Platinum Equity has announced a definitive agreement to acquire Anuvu, a leading provider of in-flight entertainment (IFE) and connectivity services. While the financial terms of the deal remain undisclosed, the acquisition is poised to reshape the landscape of passenger experiences in air and sea travel.

Anuvu, headquartered in Lombard, Illinois, boasts a robust clientele of over 150 airlines and 30 cruise lines worldwide. The company operates through two primary divisions: media technology services and connectivity, both of which are critical in enhancing the travel experience for millions of passengers.

Jacob Kotzubei, Co-President of Platinum Equity, expressed enthusiasm about the acquisition, stating, “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.” He emphasized the growing passenger traffic and the substantial investments carriers are making in connectivity and entertainment, which are vital for improving customer satisfaction.

Joshua Marks, CEO of Anuvu, will retain his position following the acquisition. He highlighted the company’s recent advancements, including the activation of the Anuvu Constellation, which provides dedicated aviation satellite capacity over North America. “We’ve made strong progress in recent years by investing in both technology and content,” Marks noted, adding that the partnership with Platinum Equity will leverage their financial expertise and operational know-how to further enhance Anuvu’s offerings.

Platinum Equity has a proven track record in investing in technology and media businesses, with a portfolio that includes Deluxe, a leading provider of post-production services for major content production studios. Dan Krasner, Managing Director at Platinum Equity, pointed out that Anuvu’s established customer relationships and talented workforce provide a solid foundation for organic growth. He also sees potential for expanding Anuvu’s capabilities into adjacent markets, including media processing, advertising, and custom services.

The acquisition is expected to close in the fourth quarter of 2025, pending necessary regulatory approvals. Drake Star is serving as the exclusive financial advisor to Anuvu in this transaction.

As the travel industry continues to rebound, this acquisition signals a promising future for enhanced connectivity and entertainment options for travelers, setting the stage for a new era in passenger experiences.