The Firm represented TaskUs, Inc. (“TaskUs”) in connection with its initial public offering of Class A common stock, which consisted of 5,553,154 shares sold by TaskUs and 9,626,846 shares sold by certain selling stockholders (including shares sold pursuant to the underwriters’ full exercise of their over-allotment option) at a public offering price of $23 per share. TaskUs’ Class A common stock began trading on the Nasdaq Global Select Market under the ticker symbol “TASK” on June 11, 2021.
TaskUs, a Blackstone portfolio company, is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies, helping its clients represent, protect and grow their brands. TaskUs serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech.
The Simpson Thacher team included Joshua Ford Bonnie, Edgar Lewandowski, Sung Bum Cho, Richard Ragusa, Adriana Estor Restrepo, Ben Kloss and Saqeef Ahmad (Capital Markets); Michael Wolfson (M&A); Brian Gluck and Robyn Cho (Credit); Jeannine McSweeney, Gregory Grogan, Caitlin Fitzgerald and Garrick Ehlers (Executive Compensation and Employee Benefits); Jonathan Goldstein, Sophie Staples and Stefan Golubovic (Tax); Amanda Weiss and James Rapp (Public Company Advisory Practice); Lori Lesser and Bobbie Burrows (IP); and Vanessa Burrows (Healthcare). Ben Massey and Evan Zuckerman also provided valuable assistance.