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  "documentTitle": "TaskUs, Inc. (TASK)",
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  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2022-01-20 00:00:00",
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  "notes": "The slide uses a 'long/short' framing to contrast the 'underfollowed' long positions against the 'highly promoted' short position.",
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      "text": "Spruce Point generally likes the BPO space tied to the digital company, but believes there are better horses to bet on with more attractive relative value and lower risk. Specifically, Spruce Point favors Concentrix and Majorel and is long both securities, while being short TASK.",
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      "text": "EV / 2022E EBITDA: 20.0x",
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      "text": "Source: Majorel and TASK financial information. 1) Revenue from verticals ex: Comm and Media, Other and Healthcare",
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      "text": "Spruce Point Favors Majorel And Concentrix As Relative Value Longs. Less Risk, More Upside Potential",
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