Bumble to go private in $1.3B deal with Ithaca Holdings

Bumble has signed a definitive agreement to be acquired by Ithaca Holdings for $1.3 billion, after its market value fell from about $14 billion at IPO to roughly $582 million. In Q2 2026 paying users dropped 16.4% year over year to 3.2 million and revenue fell 15.2% to $210.5 million. The buyers plan an AI-led product turnaround.

• Bumble's valuation fell from about $14B at IPO to roughly $582M
• Ithaca Holdings is acquiring the company for $1.3 billion
• Paying users in Q2 2026: 3.2 million, down 16.4% year over year
• Quarterly revenue fell 15.2% to $210.5 million