M&A Deal Summary

Bumble Acquires Geneva

On May 20, 2024, Bumble acquired internet software and services company Geneva

Acquisition Highlights
  • This is Bumble’s 2nd transaction in the Internet Software and Services sector.
  • This is Bumble’s 1st transaction in the United States.
  • This is Bumble’s 1st transaction in New York.

M&A Deal Summary
Date 2024-05-20
Target Geneva
Sector Internet Software and Services
Buyer(s) Bumble
Deal Type Add-on Acquisition

Target

Geneva

New York, New York, United States
Geneva is a group and community app for people to connect based on shared interests.

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Buyer(S) 1

Buyer

Bumble

Austin, Texas, United States
Category Company
Founded 2014
Sector Internet Software and Services
Employees1,200
Revenue 1.1B USD (2023)
DESCRIPTION

Bumble is a women-first dating application and social community that creates empowering connections in love (Bumble Date), life (Bumble BFF), and work (Bumble Bizz). Bumble is part of the MagicLab family of companies, which also owns Badoo, an international dating app. Bumble was founded in 2014 and is based in Austin, Texas.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-07 Fruitz

Paris, France

Fruitz is a dating app serving customers in Europe. The French app encourages open and honest communication of dating intentions through four playful fruit metaphors - cherries, grapes, watermelons, and peaches.

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Mergr

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