# Ithaca Takes Bumble Private at $6.05

> Ithaca Holdings acquires Bumble Inc. for $6.05 per share, creating a $1.3B deal with debt payoff.
- Title: Ithaca Takes Bumble Private at $6.05 · Seekingalpha | Shortify
- Summary: Ithaca Holdings acquires Bumble Inc. for $6.05 per share, creating a $1.3B deal with debt payoff. Ithaca Holdings takes Bumble private at $6.05 per share, a…
- Keywords: ithaca holdings, bumble inc, nasdaq, bmbl, takeover, debt payoff, stock price, money, business, Ithaca, Takes, Bumble
- Source: Seekingalpha — https://seekingalpha.com/article/4954626-bumble-a-fair-exit-at-6-05-with-the-upside-left-for-ithaca
- Author: Andriy Blokhin
- Published: 2026-10-15T23:10:43+00:00
- Read time: 1 min
- Topics: ithaca holdings, bumble inc, nasdaq, bmbl, takeover, debt payoff, stock price, money, business
## Ithaca Takes Bumble Private
Ithaca Holdings is taking Bumble Inc. private at $6.05 per share, a deal worth about $1.3B including debt.
## No Shareholder Vote Needed
Controlling shareholders approved the deal by written consent, so no shareholder vote is required.
## Low Multiple But Risky
The deal at 4.2x adjusted EBITDA looks low but reflects Bumble losing paying users at mid-teens rates and carrying expensive debt.
## Debt Payoff Boosts Cash
Paying off the ~12% term loan frees up about $50M a year for Ithaca, making Bumble's tax losses easier to use.
## Fair Exit With Upside
Shareholders get a certain exit at more than 2x the stock’s June price, with upside from a turnaround going to Ithaca and Wolfe Herd.
## Key takeaway

Ithaca Holdings takes Bumble private at $6.05 per share, a fair exit given Bumble's risks and debt.