TaskUs, Inc. (TASK) entered a merger agreement on May 9, 2025, to be taken private by Blackstone and its co-founders in a deal valued at $1.62 billion.
Under the terms of the agreement, an affiliate of Blackstone and TaskUs Co-Founders, CEO Bryce Maddock and President Jaspar Weir, will acquire all the outstanding shares of Class A common stock they do not already own for $16.50 per share in an all-cash transaction, representing a premium of 14.74% from the stock’s last close.