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Exclusive | Dating-App Company Bumble in Advanced Talks to Go Private at $1 Billion Valuation

Bumble is in advanced negotiations to be taken private by Ithaca Holdings, a newly formed investment firm. Most sources report the deal values the dating app at roughly $1 billion, though one report cites a $1.3 billion valuation. The news triggered a significant stock rally, with shares increasing between 21% and 50% according to various reports. The potential sale follows a period of slowing growth and a decline in users as Gen Z dating habits shift.

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⚡ Key Developments & Real-Time Context
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  • ✓ Bumble is in advanced talks to go private.
  • ✓ The deal involves Ithaca Holdings.
  • ✓ Most reports value the potential deal at roughly $1 billion.
  • ✓ Bumble stock rallied following reports of the deal talks.
🛡️ Source Corroboration: 16 independent reporting domains (85% confidence) ⏱ Read time: ~2 min

What changed

Ithaca Holdings has been identified as the specific investment firm in advanced talks to acquire Bumble.

Live updates

  1. Bumble in Advanced Talks to Go Private with Ithaca Holdings

    Bumble is in advanced negotiations to be taken private by Ithaca Holdings, a newly formed investment firm. Most sources report the deal values the dating app at roughly $1 billion, though one report cites a $1.3 billion valuation. The news triggered a significant stock rally, with shares increasing between 21% and 50% according to various reports. The potential sale follows a period of slowing growth and a decline in users as Gen Z dating habits shift.

    Why it matters

    The potential $1 billion valuation represents a significant drop from the company's peak market value. The online dating sector is currently facing industry-wide struggles with user retention and growth.

    What is confirmed

    • Bumble is in advanced talks to go private.
    • The deal involves Ithaca Holdings.
    • Most reports value the potential deal at roughly $1 billion.
    • Bumble stock rallied following reports of the deal talks.

    Still unconfirmed

    • The deal valuation is $1.3 billion.
    • Bumble is in talks to go private with a new venture from Sequoia partner Gupta.

    What to watch next

    • Official confirmation of the acquisition price
    • Formal announcement of the deal closing date
    • Public response from Bumble leadership regarding the valuation
    Sources used for this update (17)
    1. 925kgb.iheart.com — 92.5 KGB - Binghamton's Rock
    2. WSJ — Exclusive | Dating App Bumble in Advanced Talks to Go Private at $1 Billion Valuation
    3. Bloomberg.com — Bumble in Talks to Be Taken Private in $1 Billion Deal, WSJ Says
    4. Barron's — Bumble Stock Rallies 49%. Can a Take-Private Deal Save the Dating App?
    5. MarketWatch — Bumble shares skyrocket 50% as WSJ reports on deal talks
    6. Yahoo Finance — Bumble's potential $1 billion sale marks an embarrassing fall from the dating app's peak
    7. Bloomberg.com — Dating App Bumble Said to Near $1 Billion Sale to Ithaca
    8. Investing.com — Bumble stock surges on report of $1B buyout talks
    9. The Information — Bumble in Talks to Go Private With Sequoia Partner Gupta’s New Venture
    10. Reuters — Dating app Bumble in advanced talks to go private at $1 billion valuation, source says
    11. www.ctvnews.ca — Bumble in advanced talks to go private at US$1B valuation
    12. nypost.com — Bumble in talks for $1B take-private deal with Silicon Valley ...
    confidence 85%
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