BUSINESS INSIDER – Blackstone is preparing to exit its remaining stake in Bumble after nearly seven years, despite the dating company’s shares falling 96% from their peak. Blackstone and Accel invested $2.1B in Bumble’s parent company in 2019 and ultimately recouped roughly twice that amount, largely by selling shares early. Blackstone recovered much of its investment around Bumble’s 2021 IPO and sold another $1B of shares later that year. Its remaining 22.4M shares are now worth just over $60M. Blackstone has been reducing its position through an agreement with UBS and could be fully out by early 2027. The exit comes as Bumble undergoes a turnaround, with paying users down 16.4% YoY in Q2 2026, while the company is also reportedly exploring a potential sale.
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