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Businessupdated 1h ago2 min read

Ithaca Holdings Takes Bumble Private, Offering $6.05 Per Share In $1.3 Billion Deal

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Ithaca Holdings to acquire Bumble for $1.3 billion in all-cash deal at $6.05 per share Deal will take Bumble private and remove it from public markets

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Ithaca Holdings Takes Bumble Private, Offering $6.05 Per Share In $1.3 Billion Deal
Image: TradingView

Shared framing

The largest captured grouping foregrounds Bumble going private, while smaller groups stress business pressures, a share-price jump or a dating-industry reset. Talks and the later agreement are different stages, and leaving the public market alone does not justify calling the deal a retreat or a failure.

10 of 20 outlets · 10 of 22 headlines analysed

  • EL CEOBumble could leave Wall Street: Ithaca Holdings negotiates the purchase of the app for $1,000,000,000
  • Portafolio.coBumble estaría cerca de salir de bolsa en una operación que la valoraría en US$1.000 millones
  • WSJExclusive | Dating-App Company Bumble in Advanced Talks to Go Private at $1 Billion Valuation
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Leaving the public market

These titles foreground going private or leaving the stock market. This describes the proposed transaction structure, not evidence of retreat or failure. Earlier talks and the later agreement must be kept distinct; agreement does not mean the acquisition has legally closed.

Other angles in this collection

A sharp share-price reaction

3 outlets · 3 headlines

These titles lead on the reported share-price jump. Some concern earlier reports of talks, another the agreement. A positive market reaction does not by itself settle the company’s longer-term business prospects.

Business pressures around the deal

3 outlets · 3 headlines

Business Upturn mentions falling subscribers and revenue, American Bazaar struggles to grow, and Vanguardia a failure to connect with investors. This narrower group adds a business-performance interpretation to the transaction news.

All 22 analysed headlines

Counts describe this collection. One headline may support more than one angle.

Exclusions: Unclear event match (4).

Analysed 13 Oct 2026.

Reviewed by Codex validator (AI) · 13 Oct 2026

Bumble to go private

Bumble agreed to be taken private by Ithaca Holdings in an all-cash transaction valuing the dating-app company at $1.3 billion, with Ithaca offering $6.05 per share. Bumble stock rose 56% to $5.94 in morning trading after the agreement, while Match Group stock advanced 2% to $42.32.

Ithaca Holdings is set to become Bumble’s new owner after the deal closes, and Ithaca co-founders Ravi Gupta and John Hegeman are set to become Bumble’s co-chief executive officers. Whitney Wolfe Herd and Blackstone joined founder Whitney Wolfe Herd in providing the shareholder approval the deal requires, and the outcome now rests largely on closing conditions.

Image from 24/7 Wall St.
Image: 24/7 Wall St.
Reporting for this section24/7 Wall St.

Women-first model tested

Bumble’s deal with Ithaca comes as the company faced declining revenue and a changing dating market, with the platform integrating AI more deeply and dropping its signature women-first approach in August 2026. Bumble reported a 16.4% drop in paid users to 3.2 million in the second quarter, and the company’s value had fallen sharply since its 2021 public listing.

Whitney Wolfe Herd said the company’s founder and CEO believes Ithaca “shares our vision, believes in our women-first mission, and is committed to investing in Bumble’s future.” Ravi Gupta and John Hegeman described the acquisition as “a bet on the future of humanity,” and they said “People and societies will always need connection, relationships, love, and family.”

Image from Analytics Insight
Image: Analytics Insight
Reporting for this sectionAnalytics InsightDallas News

Deal terms and next steps

Bumble’s sale closed after Ithaca’s proposal won approval from a special committee of Bumble’s board, and Wolfe Herd recused herself from that committee but later approved the deal. Bumble said common shareholders will receive $6.05 per share, and the company described the transaction as finalized once the deal closes.

Forbes España said Bumble will delist from public markets to become a private company, and it said the board’s independent committee concluded the deal is in the “best interests” of shareholders. The transaction remains subject to required closing conditions and approvals, and Bumble’s next phase centers on whether its changes can bring users back as the company goes private.

Reporting for this sectionDallas NewsForbes España