The Daily Buyout

Wednesday, October 14, 2026

The Daily Buyout

49 deals · $5.3B announced

Bumble is going private: Ithaca Holdings is paying more than double the dating app's recent share price. Elsewhere, AT&T is cashing out of Mexico, Bain and Tillman closed a $1.5 billion fiber deal, and Copart cleared a key antitrust hurdle in its bid for ACV. It's a busy tape, with plenty of mid-market action filling out the day.

Top deal of the day

Bumble agrees to $1.3B all-cash takeover by Ithaca Holdings

$1.3BTake-privateTechnology

Bumble has signed a definitive agreement to be acquired by Ithaca Holdings in an all-cash deal valuing the dating app at $1.3 billion. Class A shareholders will receive $6.05 per share, about a 138% premium to the unaffected October 9 close. An independent board committee recommended the deal after a strategic review, and founder Whitney Wolfe Herd did not take part in the vote.

Why it matters: Bumble went public in 2021 at roughly $14 billion, and this sale marks how far it has fallen amid shrinking paying users and revenue down 15.2% in Q2.

Read at Business WireFree

Get this in your inbox every weekday

The day's biggest deals in five minutes. Free, with no paywalled links.

Free · Unsubscribe anytime

2
$2BDivestiture / carve-outMedia & Telecom

AT&T sells AT&T Mexico to Grupo Televisa and Fintech Holdings for $2B

AT&T agreed to sell AT&T Mexico to Grupo Televisa and Fintech Holdings for $2 billion in cash at closing, subject to adjustments, plus additional contractual and contingent benefits. The deal is expected to close in the first quarter of 2027, pending Mexican regulatory approvals. AT&T will report the unit as held-for-sale in its third-quarter filing.

Read at PR NewswireFree
3
$1.5BPrivate equity buyoutMedia & TelecomCompleted

Bain and Tillman close $1.5B Eaton Fiber investment and Ripple Fiber buy

Bain Capital and Tillman Global Holdings completed their $1.5 billion investment in Eaton Fiber, a Tillman affiliate, along with Eaton Fiber's acquisition of Ripple Fiber. The transactions were first announced in July 2026. They give Eaton Fiber long-term capital and a larger operating platform to build fiber infrastructure supporting Verizon's expansion.

Read at Business WireFree
5
252.8M MiniMed sharesDivestiture / carve-outHealthcare & Life SciencesCompleted

Medtronic completes MiniMed exit via oversubscribed exchange offer

Medtronic's exchange offer for MiniMed Group was oversubscribed, so it is exchanging all of its remaining 252.8 million MiniMed shares for about 55 million Medtronic ordinary shares. Tendered shares will be accepted on a pro rata basis at a proration factor of 18.289%, with odd-lot holders exempt. Once the exchange is completed, Medtronic will hold no MiniMed stock.

Read at PR NewswireFree
6
~$1.5BreportedStrategic acquisitionHealthcare & Life Sciences

Galderma to buy ZO Skin Health from Blackstone and the Obagi family

Swiss dermatology group Galderma signed an agreement to acquire ZO Skin Health, an Irvine, California-based physician-dispensed skincare brand. The sellers include funds managed by Blackstone Tactical Opportunities and the Obagi family. The brand was founded by dermatologist Dr. Zein Obagi. Financial terms were not disclosed.

Read at Business WireFree
7
UndisclosedStrategic acquisitionTechnology

Workday to acquire agentic identity platform C1.ai

Workday signed a definitive agreement to acquire C1.ai, which manages access rights for both employees and AI agents across business systems such as email, CRM, code repositories and cloud infrastructure. Workday announced the deal at its Workday Rising 2026 event. Terms were not disclosed.

Read at PR NewswireFree

Other deals this day41 more

Get tomorrow's edition in your inbox

Free · Unsubscribe anytime