TaskUs’ $766.9 Million Follow-on Offering

Davis Polk advised the representatives of the several underwriters in the offering.
Simpson Thacher represented TaskUs.

TaskUs, Inc. announced the upsized $766.9 million public offering of 12,077,480 shares of Class A common stock, sold by an affiliate of The Blackstone Group Inc. and other shareholders. TaskUs is traded on the Nasdaq Global Select Market under the trading symbol “TASK.”

Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are the representatives of the underwriters.

TaskUs is a digital outsourcer, focused on serving high-growth technology companies to represent, protect and grow their brands. TaskUs serves over 100 clients in the Digital Economy, navigating an increasingly complex compliance landscape, handling sensitive tasks, including online content moderation and supporting the urgent needs of their clients’ end customers. TaskUs is a portfolio company of The Blackstone Group Inc.

The Davis Polk capital markets team included partners Emily Roberts (Picture) and Byron B. Rooney, counsel Jason Bassetti and associates Travis B. Mitchell and Michael Kostukovsky. The intellectual property and technology transactions team included partner Frank J. Azzopardi and associate Brette L. Trost. The tax team included counsel Tracy L. Matlock. Counsel Marcie A. Goldstein provided FINRA advice.

The Simpson Thacher team included Edgar Lewandowski, Richard Ragusa, Alexi Thomas, Jeannine McSweeney, Caitlin Fitzgerald, Garrick Ehlers, Jonathan Goldstein, Sophie Staples, Jennifer Nadborny, Arielle Katzman, Genevieve Dorment, Bobbie Burrow and Vanessa Burrows.

Involved fees earner: Frank Azzopardi – Davis Polk & Wardwell; Jason Bassetti – Davis Polk & Wardwell; Marcie Goldstein – Davis Polk & Wardwell; Michael Kostukovsky – Davis Polk & Wardwell; Tracy Matlock – Davis Polk & Wardwell; Travis Mitchell – Davis Polk & Wardwell; Emily Roberts – Davis Polk & Wardwell; Byron Rooney – Davis Polk & Wardwell; Brette Trost – Davis Polk & Wardwell; Bobbie Burrows – Simpson Thacher & Bartlett; Vanessa Burrows – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Garrick Ehlers – Simpson Thacher & Bartlett; Caitlin Fitzgerald – Simpson Thacher & Bartlett; Jonathan Goldstein – Simpson Thacher & Bartlett; Arielle Katzman – Simpson Thacher & Bartlett; Edgar Lewandowski – Simpson Thacher & Bartlett; Jeannine McSweeney – Simpson Thacher & Bartlett; Jennifer Nadborny – Simpson Thacher & Bartlett; Richard Ragusa – Simpson Thacher & Bartlett; Sophie Staples – Simpson Thacher & Bartlett; Alexi Thomas – Simpson Thacher & Bartlett;

Law Firms: Davis Polk & Wardwell; Simpson Thacher & Bartlett;

Clients: Goldman Sachs & Co.; J.P. Morgan Securities LLC; TaskUs;