Minority Shareholders Push Back Against TaskUs Delisting Offer

Customer experience services provider TaskUs’ plan to delist from the stock market is running into stiff resistance, with minority shareholders arguing that the company’s managing board is undervaluing the buyout price.

The board — led by co-founders Bryce Maddock and Jaspar Weir, together with Blackstone — has offered $16.50 per share to take the company private. But minority investors are pushing back, demanding $25 a share.

Among the dissenters are two major names: Think Investments and Toronto-based Murchinson Ltd. Think Investments alone controls about 23% of the minority stake.

Their argument is simple: TaskUs is growing too fast to be sold this cheap. The company’s AI services, now the backbone of its business, posted a 65% year-on-year jump in the first half of 2025. Shares are also trading above $17 — already higher than the board’s offer.

Think Investments says the proposed deal undervalues the company’s true potential.

Back in May, when TaskUs announced its plan to go private, the board claimed the move would give it freedom to make long-term bets in the AI-driven market. Around the same time, Blackstone pledged fresh capital to support the BPO firm’s next phase of expansion.