Bumble to be acquired by Ithaca Holdings for $1.3 billion in all-cash deal at $6.05 per share

Bumble's board approved the deal after an independent Special Committee reviewed strategic alternatives, with Whitney Wolfe Herd recusing herself from deliberations and voting. Affiliates of Blackstone and Wolfe Herd then approved it by written shareholder consent, satisfying the required approval. Ithaca Co-CEOs Ravi Gupta and John Hegeman will become Co-CEOs of Bumble, which will operate privately with offices in London, Austin and New York City, expected to remain based in Austin. Bumble plans to file its Form 10-Q by November 9, 2026, and will not issue an earnings release or hold a call for the quarter ending September 30, 2026.

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