Drake Star Acts as Exclusive Financial Advisor to Anuvu on its Sale to Platinum Equity

New York | Los Angeles | November 3, 2025 – Platinum Equity, a global investment firm with approximately $50 billion of assets under management has announced the completion of its acquisition of Anuvu, a leading provider of global entertainment and high-speed connectivity solutions for airlines, VIP/VVIP aircraft, cruise lines and other mobility end-markets. The acquisition was originally announced in August 2025.

Drake Star acted as the exclusive financial advisor to Anuvu on this transaction.

Headquartered in Lombard, IL, Anuvu serves more than 150 airline and 30 cruise-line customers worldwide. The company operates two primary divisions:

• 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
• Connectivity: Provides telecommunications equipment, broadband satellite Internet access, passenger management services, and analytics solutions to airline customers.

“Drake Star has been an exceptional advisor to Anuvu,” said Anuvu CEO Joshua Marks. “James Turino, Greg Bedrosian and Mohit Pareek leveraged their invaluable experience across media and telecommunications to secure a transformative partnership with Platinum Equity.”

In a press release announcing the closing of the transaction Platinum Equity and Anuvu said:

“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 Jacob Kotzubei and Managing Director Dan Krasner in a joint statement. “We share a vision with Anuvu’s leadership team to grow their respective businesses and look forward to leveraging their capabilities and expertise to pursue further opportunities in adjacent markets.”

Joshua Marks, CEO of Anuvu, who has been with the company for 10 years and helped the business navigate through COVID and a subsequent transformation, will continue in his role following the acquisition.

“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 Josh Marks, CEO at Anuvu. “Thank you to our leadership team and to all those who worked hard to complete this deal, as well as our Board of Directors for their meaningful contributions throughout the past few years. I’d also like to share my gratitude to all Nuvers who have made Anuvu the driven, client-focused market leader it is today.”

Platinum Equity has deep experience investing in technology and media businesses. Its current portfolio includes Deluxe, a leading provider of end-to-end post-production services for the world’s leading content production studios.

James Turino, Managing Partner at Drake Star commented: "We are very excited to see Anuvu entering a new chapter under Platinum ownership and building on the strong growth and market leadership of the last few years. It was a pleasure to work with the highly skilled Anuvu management team and our whole-hearted thanks goes out to the entire team as well as to the Anuvu Board for their unwavering support, expert guidance and the opportunity to advise on this transaction.”

Gregory Bedrosian, Managing Partner and CEO at Drake Star commented: "It was a privilege to advise Anuvu on its landmark partnership with Platinum Equity - a deal that positions the company for accelerated growth in entertainment and connectivity verticals. We continue to leverage the deep sector expertise of our firm’s talented bankers and the depth of Drake Star’s relationships to deliver exceptional results for our clients. We wish continued success to the Anuvu and Platinum Equity teams.”

Mohit Pareek, Partner at Drake Star added: “We are proud to have advised Anuvu on this transformative transaction. This acquisition represents a powerful validation of Anuvu’s leadership in entertainment and connectivity, and reflects Platinum Equity’s confidence in the company’s innovation, global relationships, and growth trajectory. Congratulations and big thank you to the Anuvu management team and Board for their strong leadership and support on this landmark deal and facilitating an amazing outcome.”

Drake Star Team: James Turino, Gregory Bedrosian, Mohit Pareek, Stanley Bejanski

Inquiries 

For further inquiries, please contact: 

James Turino

Managing Partner | Drake Star

James.turino@drakestar.com | +1 212 508 7108

Gregory Bedrosian

Managing Partner & CEO | Drake Star

Gregory.bedrosian@drakestar.com | +1 203 524 5652

Mohit Pareek

Partner | Drake Star

mohit.pareek@drakestar.com | +1 310 625 9876

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.

For more information, visit www.anuvu.com.

About Platinum Equity

Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $50 billion of assets under management and a portfolio of approximately 60 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 30 years Platinum Equity has completed more than 500 acquisitions.

For more information, visit www.platinumequity.com.

About Drake Star 

Drake Star is an award-winning global tech investment bank that has completed over 500 transactions since 2003. The Drake Star global team of experienced professionals and senior advisors across offices in New York, Munich, London, Paris, Los Angeles, San Francisco, Berlin, and Dubai* focuses on mergers & acquisitions and corporate finance services worldwide in Software/SaaS, HR Tech, Digital Services, FinTech, Digital Media, Industrial Tech, Consumer & Retail Tech and Mobility & Sustainability.

Drake Star is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Razlin Ltd (FRN 730805), which is authorized and regulated by the FCA. © 2025 Drake Star Partners Limited.

For more information, visit www.drakestar.com.

*Partner Office