Upon closing the transaction, Ithaca Co-CEOs, Ravi Gupta and John Hegeman, will become Co-CEOs of Bumble
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Bumble to be acquired by Ithaca Holdings in $1.3 billion deal
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Oct 2026
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Ravi Gupta — Co-CEO (appointment)
Ravi Gupta appointed as Co-CEO of Bumble following acquisition by Ithaca Holdings.
AI Insights
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Acquisition by Ithaca Holdings. Bumble is being acquired by Ithaca Holdings for $1.3 billion, indicating a strong market interest in the dating app sector.
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Leadership Transition. The acquisition will result in a leadership transition, with Ithaca Co-CEOs taking over Bumble's executive roles, which may influence the company's strategic direction.
FAQs
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Bumble is being acquired by Ithaca Holdings for $1.3 billion.
Ravi Gupta and John Hegeman, Co-CEOs of Ithaca Holdings, will become Co-CEOs of Bumble.
The acquisition may lead to new strategic directions and initiatives under the new leadership.
No, Bumble will no longer be independent after the acquisition by Ithaca Holdings.
This acquisition highlights the growing interest and investment in the dating app sector.