Ithaca Holdco, Inc. to acquire Bumble Inc.

Ithaca Holdco, Inc. has agreed to acquire Bumble Inc. in a cash transaction designed to take the technology company private. The deal was announced on 13 October 2026, with both the buyer and the target based in the United States. As a going private transaction, the structure involves the acquisition of the public entity by a holding company, effectively removing Bumble from public markets. The consideration for the purchase is entirely in cash, although the specific headline offer value has not been reported in the available data. This move signals a shift in the corporate structure of the dating and social networking platform, transitioning it from a publicly listed entity to a privately held one under the ownership of Ithaca Holdco.

The transaction is currently at the firm intention stage, meaning the parties have committed to the deal but it has not yet been completed. There is no confirmed completion date at this time. The deal remains subject to standard regulatory approvals and other customary closing conditions that typically accompany significant corporate acquisitions in the technology sector. Until these conditions are met, the transaction is not considered final. The lack of a reported deal value suggests that the specific financial terms may be confidential or pending final agreement on the exact cash price per share.