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Platinum Equity has signed a definitive agreement to acquire Anuvu, a global provider of entertainment and high-speed connectivity solutions for airlines, cruise lines, and other mobility markets. Headquartered in Lombard, Illinois, Anuvu serves more than 150 airline and 30 cruise-line customers worldwide. The company’s operations are divided into two main divisions: Media Technology Services, which licenses, distributes, localizes, and delivers entertainment content, and Connectivity, which provides satellite-based internet access and related solutions.

Leadership and Strategic Outlook

Joshua Marks, CEO of Anuvu, will continue in his role following the acquisition. Marks stated, “We’ve made strong progress in recent years by investing in technology and content. We are excited to partner with Platinum Equity to leverage their financial expertise and operational know-how to support our growth.”

Platinum Equity Co-President Jacob Kotzubei commented, “Anuvu is a leader in delivering exceptional entertainment experiences to global aviation customers and has developed technologically advanced satellite connectivity platforms. We look forward to working with Anuvu’s leadership team to capitalize on industry growth.”

Transaction Details

Financial terms of the acquisition were not disclosed. The transaction is expected to close in the fourth quarter of the 2025 calendar year, subject to required regulatory approvals. Drake Star is serving as the exclusive financial advisor to Anuvu.

About Platinum Equity

Founded by Tom Gores in 1995, Platinum Equity is a global investment firm with approximately $50 billion of assets under management. The firm specializes in mergers, acquisitions, and operations, with a portfolio of approximately 60 operating companies across various business sectors, including technology and media.

About Anuvu

Anuvu provides content and connectivity solutions that connect and entertain passengers globally. The company offers a flexible and agile approach, maximizing current technology while optimizing for the future. Anuvu’s solutions are reliable, scalable, and tailored to meet the specific needs of its customers in demanding mobility markets.

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