Blackstone and TaskUs co-founders agreed to an acquisition deal valuing the customer experience firm at $16.50 per share, enabling further investment in AI and technology for long-term growth.

Target Information

TaskUs is a Nasdaq-listed firm specializing in customer experience and digital services. The company has gained prominence for its innovative solutions that leverage technology to enhance customer interactions, making it a leader in its field. Under the guidance of co-founders Bryce Maddock and Jaspar Weir, TaskUs has positioned itself to capitalize on the increasing demand for high-quality customer support in diverse industries.

In this all-cash take-private acquisition, Blackstone values TaskUs at $16.50 per share, representing a 26% premium over the company’s 30-day volume-weighted average price. The transaction has been approved unanimously by the TaskUs board and supported by an independent committee of directors, ensuring that it aligns with the best interests of the shareholders.

Industry Overview

The customer experience and digital services industry is experiencing significant growth, driven by the rapid adoption of technology across various sectors. In recent years, businesses have recognized the need to enhan