Bumble in advanced talks to be taken private at roughly $1 billion valuation
Both the Wall Street Journal and Reuters say dating‑app Bumble is negotiating a buyout that would value the company at about $1 billion. The reports cite sources familiar with the discussions but provide no final terms.
First reported 3 hours ago · latest update 2 hours agoBumble, the dating‑app company founded by Whitney Wolfe Herd, is reported to be in advanced negotiations to be taken private. The discussions involve a potential transaction that would value the firm at roughly $1 billion.
The proposed valuation of $1 billion reflects the price at which the company could be bought out of the public market. Both parties are said to be close to finalizing the terms of the deal, indicating that the process has moved beyond preliminary interest.
If the transaction is completed, Bumble would transition from its current status as a publicly listed company to private ownership. The shift would remove the firm from the stock exchange and place it under the control of the acquiring investors.
Details about the identity of the prospective buyers, the financing structure, or the expected timeline for closing have not been disclosed. No additional information on regulatory approvals or shareholder voting requirements has been provided.
Citations · 3 reports from 2 outlets
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Dating app Bumble in advanced talks to go private at $1 billion valuation, source says - Reuters
Dating app Bumble in advanced talks to go private at $1 billion valuation, source says Reuters
2 hours agoExclusive | Dating App Bumble in Advanced Talks to Go Private at $1 Billion Valuation - WSJ
Exclusive | Dating App Bumble in Advanced Talks to Go Private at $1 Billion Valuation WSJ
3 hours agoExclusive | Dating-App Company Bumble in Advanced Talks to Go Private at $1 Billion Valuation - WSJ
Exclusive | Dating-App Company Bumble in Advanced Talks to Go Private at $1 Billion Valuation WSJ
3 hours ago