Announced
Completed
Financials
Tags
Acquisition
Completed
United States
Private
business process services
Business Process Outsourcing
Private Equity
Synopsis
Blackstone invested $500m in TaskUs, leading customer service and business process outsourcing services provider for high-growth technology companies. Amit Dixit, Senior Managing Director at Blackstone, said: “The growth in ride sharing, social media, online food delivery, e-commerce and autonomous driving is creating an enormous need for enabling business services. TaskUs has established a leadership position in this domain with its base of marquee customers, unique culture, and relentless focus on customer delivery. We are excited to partner with Bryce, Jaspar and the existing management team to build the world’s leading company in this area. With access to capital from Blackstone, as well our two decades of experience with BPO companies, we are confident that our investment in TaskUs can significantly accelerate the company’s growth trajectory."
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