Founder Whitney Wolfe Herd is expected to stay involved with the company as part of the deal.
The app is going private, five years since its IPO.
Austin-based dating app Bumble Inc. is being acquired by an investment firm in a $1.3 billion deal that will take the company private.
Bumble’s headline this year was not a new feature but a buyout deal, with Ithaca Holdings agreeing to acquire the business ...
(Bloomberg) -- Dating-app company Bumble Inc. is being taken private by newly formed firm Ithaca Holdings for $1.3 billion.
Bumble is going private with 2 new co-CEOs. They'll be the first men to lead the "women-first" dating app since it went public.
Bumble, the Austin-based dating app company, has closed a deal that will see it acquired by Ithaca Holdings for $1.3 billion.
Paying off the ~12% term loan frees up about $50M a year for Ithaca. That makes Bumble's tax losses much easier to use than for the standalone company. Shareholders get a certain exit at more than 2x ...
16don MSN
Why Bumble Stock Skyrocketed Today
The dating app provider is being bought out at a sizable premium.
The app wants users to take meet-cutes into their own hands with searchable usernames called ‘Handles.’ Forget stumbling across your perfect match on a dating app by chance. Thanks to a new Bumble ...
Since its founding in 2014, the sell of Bumble was that "women make the first move" as a mission of female empowerment. NurPhoto via Getty Images Ladies first… but possibly not for long. The CEO of ...
Bumble launches several new features in a "brand evolution" today. Credit: Bumble Earlier this year, new Bumble CEO Lidiane Jones said in a Fortune interview that Bumble was rethinking women making ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results