Ithaca Holdings to Acquire Bumble for $1.3 Billion
October 13, 2026
Bumble entered into a definitive agreement to be acquired by Ithaca Holdings in an all-cash transaction valuing the company at approximately $1.3 billion, or $6.05 per share. Following closing, Bumble is expected to become privately held, with Ithaca Co-CEOs Ravi Gupta and John Hegeman becoming Bumble’s Co-CEOs and working with founder Whitney Wolfe Herd to develop the business for the next era of dating and friendship services.
- Buyers
- Ithaca Holdings
- Targets
- Bumble
- Industry
- Software
- Location
- Texas, United States
- Transaction Type
- Buyout
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