Here comes another “growth” story in mobility connectivity and entertainment, this time starring Anuvu and Platinum Equity. Yes, the aviation‑WiFi‑and‑movies business just got a little more “private‑equity friendly”. Anuvu, the company that serves more than 150 airlines and some 30 cruise lines with connectivity and content, has been snapped up by Platinum. We’re assured it’s all about investing in growth, right.
Let’s unpack what’s really going on. Anuvu has been positioning itself for a few years now: new satellites (MicroGEOs via Astranis), shedding non‑core legacy units, wooing airlines with promises of 4K streaming in the sky and faster WiFi. Then along comes Platinum. “we saw the vision”, says Platinum; “we’ve matured the business”, says Anuvu. The actual terms? Crickets. Financials? Also mostly crickets. That’s convenient.