In a pivotal announcement today, TaskUs, Inc. (NASDAQ: TASK), a leading provider of outsourced digital services and next-generation customer experiences, has called on its stockholders to cast their votes “FOR” the proposed take-private transaction. This comes just one day ahead of a special stockholder meeting scheduled for October 8, 2025, at 7:30 a.m. Central Time. The transaction, which aims to acquire 100% of the outstanding shares of Class A common stock, is backed by an affiliate of Blackstone and TaskUs co-founders Bryce Maddock and Jaspar Weir.

1. Details of the Proposed Acquisition

The definitive agreement, initially announced on May 9, 2025, stipulates that the Buyer Group will acquire shares for $16.50 per share in an all-cash deal. This offer is significant as it represents a premium over the stock’s previous trading levels, highlighting the attractive nature of the transaction for stockholders.

Special Committee's Recommendation

The Special Committee of the TaskUs Board of Directors remains steadfast in its belief that the merger is in the best interests of stockholders. In light of the accelerating impact of artificial intelligence (AI) on the company’s operations and future prospects, the committee has engaged in discussions with various stockholders regarding the terms of the proposed transaction.

Despite these discussions, the Special Committee has not received any non-binding proposals from the Buyer Group to amend the merger agreement to provide more favorable terms for the stockholders who are not part of the Buyer Group.

2. Voting Instructions for Stockholders

TaskUs stockholders who were on record as of August 6, 2025, and who have not yet voted or wish to change their votes are encouraged to do so promptly. Voting instructions are available through individual voting instruction forms or proxy cards. Proxies submitted prior to the special meeting will be honored unless properly revoked.

The company emphasizes the importance of reviewing all relevant documents filed with the U.S. Securities and Exchange Commission (SEC), including the definitive proxy statement filed on August 8, 2025, and the investor presentation submitted on August 22, 2025.

3. About TaskUs

TaskUs stands as a key player in the digital services sector, leveraging cloud-based infrastructure to deliver services to clients in various rapidly growing industries, including social media, e-commerce, gaming, healthcare, and more. As of June 30, 2025, the company had approximately 60,400 employees across 30 locations in 13 countries, showcasing its extensive operational reach.

4. About Blackstone

Blackstone is recognized as the world’s largest alternative asset manager, with over $1.2 trillion in assets under management. The firm seeks to optimize returns for its investors by strengthening its portfolio companies across a diverse range of investment strategies.

5. Conclusion

As the special meeting approaches, TaskUs remains focused on ensuring a smooth transaction process while encouraging stockholders to actively participate in the decision-making process. The outcome of this meeting will significantly shape the future trajectory of TaskUs, as it seeks to capitalize on the growing demand for digital services in an increasingly AI-driven world.

Stockholders are urged to remain informed and engaged as the company moves forward with this strategic transition.

Original press release