TaskUs to Go Private in Blackstone Acquisition

TaskUs ( (TASK) ) has issued an update.

On May 9, 2025, TaskUs announced its agreement to be acquired by an affiliate of Blackstone, along with its Co-Founders Bryce Maddock and Jaspar Weir, in a transaction that will take the company private. The acquisition, offering $16.50 per share in cash, represents a 26% premium over TaskUs’ 30-day volume-weighted average price. This strategic move is aimed at enabling TaskUs to make long-term investments in AI capabilities, enhancing its customer value proposition amid the rapidly evolving AI landscape. The transaction is expected to close in the second half of 2025, pending customary approvals.

Spark’s Take on TASK Stock

According to Spark, TipRanks’ AI Analyst, TASK is a Neutral.

TaskUs’s overall stock score reflects a balance of strong revenue growth and positive cash flow management against challenges in cost efficiency and valuation concerns. The earnings call provides a positive outlook with some caution due to margin pressures. Technical indicators suggest moderate upward momentum, though the valuation remains a potential risk factor.

To see Spark’s full report on TASK stock, click here.

More about TaskUs

TaskUs is a leading provider of outsourced digital services and next-generation customer experience solutions, serving innovative companies across sectors such as social media, e-commerce, gaming, streaming media, food delivery, ride-sharing, technology, financial services, and healthcare. With a cloud-based infrastructure, TaskUs operates in 28 locations across 12 countries, including the United States, the Philippines, and India, employing approximately 59,000 people as of December 31, 2024.

Average Trading Volume: 365,073

Technical Sentiment Signal: Sell

Current Market Cap: $1.26B

Find detailed analytics on TASK stock on TipRanks’ Stock Analysis page.