TaskUs to be acquired by Blackstone affiliate; CEO and President join buyer group; Q1 revenue up 22%

TaskUs, Inc.

Entered definitive agreement to be acquired by Blackstone affiliate, CEO Bryce Maddock and President Jaspar Weir (Buyer Group). No price disclosed.
Expected completion H2 2025; requires regulatory and stockholder approvals (non-Buyer Group holders).
Q1 2025 revenue $277.8M (+22.1% YoY), net income $21.1M, Adjusted EBITDA $59.3M (21.3% margin).
Withdrew full-year 2025 outlook and canceled earnings call due to pending transaction.
AI Services fastest growing (>50% YoY); Trust + Safety grew >30% for fifth consecutive quarter; headcount 61,400.

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