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    TaskUs (TASK)

    TaskUs, Inc. is a global provider of outsourced digital services and next-generation customer experience solutions. The company partners with innovative businesses across industries such as e-commerce, FinTech, gaming, social media, and streaming media to help them grow, protect, and represent their brands. TaskUs offers a range of services, including digital customer support, content moderation, and artificial intelligence solutions, delivered through a global, omni-channel model.

    1. Digital Customer Experience (Digital CX) - Provides customer support through non-voice channels like chat, social media, in-app support, SMS, and in-platform solutions, emphasizing automation and generative AI to enhance efficiency.
    2. Trust and Safety - Delivers content monitoring and moderation services to ensure compliance, protect brands, and maintain safe online environments.
    3. Artificial Intelligence (AI) Services - Supports the development and deployment of AI technologies, including automation and generative AI solutions, to improve workflows and operational efficiency.

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    NamePositionExternal RolesShort Bio

    Bryce Maddock

    ExecutiveBoard

    CEO, Chairperson of the Board

    None

    Co-founder of TaskUs, serving as CEO since 2008. Became Chairperson in March 2023. Holds a Bachelor's degree from New York University.

    Balaji Sekar

    Executive

    CFO, Principal Accounting Officer

    None

    CFO since August 2016. Temporarily serving as principal accounting officer since February 2025. Holds an MBA from the University of Chicago and is a Chartered Accountant.

    Claudia Walsh

    Executive

    General Counsel and Corporate Secretary

    Board member at Morae Global Corporation

    Joined TaskUs in October 2021. Previously held legal positions at Facebook, Verily Life Sciences, and Google. Holds a Bachelor's degree from Stanford University and a J.D. from the University of California, San Francisco.

    Jarrod Johnson

    Executive

    Chief Customer Officer

    None

    Joined TaskUs in October 2016 as SVP of Business Development, became CCO in January 2018. Led expansion into healthcare, banking, and financial services.

    Jaspar Weir

    Executive

    President

    None

    Co-founder of TaskUs, serving as President since 2008. Known for executive leadership and global operations expertise.

    Stephan Daoust

    Executive

    Chief Operating Officer

    None

    COO since January 2021. Previously held senior roles at Concentrix and Convergys.

    Amit Dixit

    Board

    Director

    Board member at Mphasis Limited, Sona BLW Precision Forgings Limited, EPL Limited

    Board member since October 2018. Senior Managing Director and Head of Asia Private Equity at Blackstone.

    Jacqueline D. Reses

    Board

    Director

    Chair and CEO of Lead Bank; Board member at Affirm Holdings, Inc., Endeavor Group Holdings, Inc., Nu Holdings Ltd

    Board member since July 2019. Extensive public company board experience and executive management expertise.

    Jill A. Greenthal

    Board

    Lead Independent Director

    Board member at Cars.com; Trustee of Dana-Farber Cancer Institute; Advisor to the Museum of Fine Arts in Boston; Honorary Trustee of the James Beard Foundation

    Joined the board in April 2022, became Lead Independent Director in March 2023. Has over 30 years of financial and investment banking experience. Holds a Bachelor's degree from Simmons University and an MBA from Harvard Business School.

    Kelly Tuminelli

    Board

    Director, Chair of the Audit Committee

    Executive Vice President and CFO at TriNet

    Board member since September 2021. CPA and CGMA with over 30 years of financial services experience.

    Michelle Gonzalez

    Board

    Director

    Board member at Databook; Board observer at CognitiveScale and Incorta

    Joined the board in April 2022. Corporate Vice President and Global Head of M12 at Microsoft. Holds a Bachelor's degree from the University of Oklahoma and a J.D. from Yale Law School.

    Mukesh Mehta

    Board

    Director

    Senior Managing Director at Blackstone; Board member at VFS Global, Aadhar Housing Finance Limited, Piramal Glass Ltd, International Gemological Institute (IGI), rSystems

    Board member since October 2018. Known for executive leadership and understanding of capital markets.

    Susir Kumar

    Board

    Director

    Chair of VFS Global; Board member of Sportz Village

    Board member since July 2019.

    1. Given that your largest customer accounted for 25% of total revenues in Q4, up from 19% in the prior year, how are you addressing the increasing customer concentration risk and what strategies are in place to diversify your revenue base?

    2. Despite forecasting revenue growth for 2025, you expect adjusted EBITDA margins to remain roughly flat due to increased investments and cost pressures; can you elaborate on the specific factors preventing margin expansion and how you plan to improve profitability over the year?

    3. The security incidents in Q4 impacted your operations and margins, leading to suspended activities and increased costs; what measures have you implemented to prevent future incidents, and how might ongoing investments in security affect your operational efficiency and client trust?

    4. Employee growth outpaced revenue growth in 2024, resulting in a decrease in revenue yield per employee; when do you expect your AI investments to translate into higher productivity and revenue per employee, and what steps are you taking to optimize workforce efficiency?

    5. With significant investments in AI services and the Agentic AI consulting practice, how do you differentiate your offerings in a competitive market where clients might develop in-house solutions or choose larger competitors, and what gives you confidence in capturing market share in AI services?

    Program DetailsProgram 1
    Approval DateMay 8, 2023
    End Date/DurationDecember 31, 2024
    Total Additional Amount$100.0 million
    Remaining Amount (2025-03-04)$41.8 million (as of September 30, 2024)
    DetailsRepurchase of Class A common stock to enhance shareholder value. The company views this as an attractive use of capital, particularly at lower prices.

    Notable M&A activity and strategic investments in the past 3 years.

    CompanyYearDetails

    Parsec d.o.o. and Q Experience d.o.o. (heloo)

    2022

    Deal Value and Structure: TaskUs acquired heloo for approximately $24 million in cash (funded via its Revolving Credit Facility), 200,103 shares of its Class A common stock, plus up to $24 million in contingent consideration; the deal also resulted in recognized goodwill of about $21.6 million and $11.2 million in other intangibles. Strategic Rationale and Business Fit: The acquisition bolsters TaskUs’ European language capabilities and expands its digital customer experience footprint in key markets like e-commerce and gaming. The deal aligns strategically through strong revenue growth, cultural fit, and leadership continuity with heloo’s co-founders remaining active post-acquisition.

    Recent press releases and 8-K filings for TASK.

    TaskUs Shareholders Oppose Blackstone Buyout Offer
    ·$TASK
    M&A
    Takeover Bid
    • Blackstone has proposed to acquire TaskUs for $16.50 per share, an offer that major shareholders Think Investments and Murchinson strongly oppose, arguing it significantly undervalues the company.
    • Think Investments, holding a 10.7% stake, estimates TaskUs's fair value closer to $25 per share, citing the company's recent financial outperformance and 65.5% year-over-year growth in its AI Services segment in the first half of 2025.
    • Murchinson urges shareholders to reject the deal and seek at least $19 per share, questioning the Board of Directors' rationale and claiming the offer undervalues TaskUs compared to industry peers.
    • Critics of the sale process highlight the use of selective precedent transactions and valuations that do not fully capture TaskUs's growth potential or market position, specifically omitting Capgemini's acquisition of WNS which suggests a much higher valuation at around 12x LTM EBITDA versus the 6.8x multiple used by TaskUs' board.
    Aug 26, 2025, 4:40 PM
    TaskUs Q1 2025 Results & Take-Private Acquisition Announcement
    ·$TASK
    M&A
    Takeover Bid
    Earnings
    • TaskUs to be taken private via an all-cash acquisition at $16.50 per share (26% premium), led by co-founders Bryce Maddock and Jaspar Weir in partnership with a Blackstone affiliate, expected to close in H2 2025 .
    • TaskUs reported Q1 2025 results with total revenue of $277.8 million (22.1% YoY growth), net income of $21.1 million, and adjusted net income of $35.9 million with an adjusted EPS of $0.38 .
    • The deal received unanimous approval from the Special Committee of independent directors after a careful evaluation to boost long-term AI investments .
    • The acquisition announcement led to the withdrawal of full-year 2025 guidance and cancellation of the earnings call/webcast .
    May 9, 2025, 12:00 AM