TaskUs’s Take‑Private Acquisition by its Co‑Founders and Blackstone
May 09, 2025
On May 9, 2025, TaskUs, Inc. (“TaskUs”), a leading provider of outsourced digital services and next‑generation customer experience to companies, announced it has entered into a definitive agreement to become a privately held company. Under the terms of the agreement, an affiliate of Blackstone, TaskUs Co‑Founder and Chief Executive Officer Bryce Maddock and TaskUs Co‑Founder and President Jaspar Weir (collectively the “Buyer Group”) will acquire 100% of the outstanding shares of Class A common stock they do not already own for $16.50 per share in an all-cash transaction. Upon completion of the transaction, the Company’s Class A common stock will no longer be listed on any public market. The TaskUs Board of Directors has approved the transaction upon the unanimous recommendation of a special committee of independent directors (the “Special Committee”), which was formed on March 20, 2025, in response to interest expressed by the Buyer Group in exploring a possible transaction. Cravath is representing the Special Committee in connection with the transaction.
The Cravath team is led by partners Faiza J. Saeed and Claudia J. Ricciardi and includes of counsel Saagar Kaul and associates Mary Jean Perzik, Mitchell S. Siegel and Y. Grace Lin on M&A matters; partner Stephen M. Kessing and associate Abhilasha Gokulan on financing matters; partner Eric W. Hilfers, senior attorney Aaron S. Cha, associate Brendon J. Rivard and foreign associate attorney Andreas Kaletsch on executive compensation and benefits matters; partners Lauren Angelilli and Andrew T. Davis and associate Carolyn Liziewski on tax matters; partner Jesse M. Weiss and associate Lavinia M. Hecht on antitrust matters; and partners Kevin J. Orsini and Helam Gebremariam on litigation matters.
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J.D., 1991, Harvard Law Schoolmagna cum laude
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B.A., 1987, University of California, Berkeleywith Highest Distinction, Phi Beta Kappa
- New York
- California (Inactive)
- District of Columbia (Inactive)
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J.D., 2015, Harvard Law Schoolcum laude
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B.A., 2012, University of PennsylvaniaPhi Beta Kappa, summa cum laude
- New York
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J.D., 2005, Duke Law SchoolOrder of the Coif, magna cum laude
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M.B.A., 2001, University of Southern California
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B.S., 1995, Miami University of Ohio
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J.D., 1998, University of Chicago Law Schoolwith Honors
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A.B., 1995, Princeton University
- New York
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J.D., 2000, Harvard Law Schoolcum laude
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B.S., 1996, The Wharton School of the University of Pennsylvaniamagna cum laude
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LL.M., 2020, New York University School of Law
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J.D., 2014, Stanford Law School
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A.B., 2010, Princeton University
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J.D., 2008, Georgetown University Law Centermagna cum laude
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B.A., 2003, University of Maryland
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J.D., 2003, New York University School of Lawcum laude
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B.A., 2000, The George Washington UniversityPhi Beta Kappa, summa cum laude
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J.D., 2010, New York University School of LawAnBryce Scholar
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B.A., 2007, Columbia College
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LL.M., 2013, New York University School of Law
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J.D., 2012, Loyola Law School Los Angeles
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B.S., 2004, University of California, San Diego
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