Platinum Equity Completes Acquisition of Anuvu
Acquisition to fuel Anuvu's next chapter of growth and technological innovation.
The company operates two primary divisions: 1) 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. 2) Connectivity: Provides telecommunications equipment, broadband satellite Internet access, passenger management services, and analytics solutions to airline customers.
"I am incredibly proud of what Anuvu has accomplished in recent years and believe that Platinum Equity will provide the launching pad to further the company's growth in technology and content, benefiting our clients," stated
"Anuvu has an impressive heritage in entertainment and connectivity for mobility markets, serving over 150 airline and 30 cruise-line clients worldwide," said Platinum Equity Co-President
Financial terms were not disclosed.
Drake Star served as the exclusive financial advisor to Anuvu.
The acquisition was originally announced in
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.
About Platinum Equity
Founded in 1995 by
Media Contacts
Anuvu
[email protected]
Platinum Equity
[email protected]
View original content:https://www.prnewswire.com/news-releases/platinum-equity-completes-acquisition-of-anuvu-302598446.html
SOURCE Platinum Equity
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