Bumble Agrees to $1.3 Billion All-Cash Buyout by Ithaca Holdings at $6.05 Per Share

Bumble Inc. has agreed to be taken private by newly formed Ithaca Holdings in an all-cash deal valuing the dating-app company at $1.3 billion. Shareholders will receive $6.05 per share, a premium of approximately 138% to the unaffected closing price on October 9, 2026, and about 119% above the 30-day volume-weighted average price as of that date.

An independent Special Committee of Bumble's board evaluated a range of strategic alternatives before recommending the deal, which the full board then approved unanimously. Founder and CEO Whitney Wolfe Herd recused herself from the board's deliberations and vote. Following execution of the agreement, affiliates of Blackstone and Wolfe Herd provided written shareholder consent, satisfying the required approval threshold under Delaware law. Bumble shares surged sharply on the news, with pre-market data showing gains of roughly 57% before markets opened and a more modest 4% move noted by some wire services in early pre-market trading.