Bumble Stock Surges on Reported $1 Billion Take-Private Deal Talks

Bumble Inc. (BMBL) shares surged nearly 50% on Monday following reports that the online dating company is in advanced talks to go private. Investment firm Ithaca Holdings is in discussions to acquire the business in a transaction that could value Bumble at approximately $1 billion. A deal could be finalized as early as this week.

The potential buyout follows a long period of weak stock performance. Since its initial public offering at $43 per share in February 2021, the stock had fallen roughly 91%, leaving its market value around $485 million prior to Monday's rally. Founder Whitney Wolfe Herd returned as chief executive officer in March 2025 to lead a corporate overhaul aimed at reversing slowing growth across the online dating sector. Private equity firm Blackstone Inc. (BX), which previously bought a majority stake in 2019, holds an approximate 22% interest in the company.

Market participants are now waiting for details on the specific per-share acquisition price, board approval, and transaction financing terms. Agreement from major shareholders, including Blackstone, will also be critical to completing any final deal.