The Firm is representing Blackstone in connection with its announced investment in TaskUs, Inc. The investment values TaskUs at more than $500 million. The transaction is expected to close in the fourth quarter of 2018, subject to regulatory approvals and customary closing conditions.
TaskUs is a leading customer service and business process outsourcing services provider for high-growth technology companies.
The Simpson Thacher team included Mike Wolfson, Anthony Vernace, Michael Ting and Ngozi Nezianya (M&A); Brian Gluck, Rustin Brown and Remy Denner (Credit); Steven Klar, Doug Brown and Michael Brennan (Funds); Laura Twomey, Alison Silverman and Beatrice Caplan (Trusts); Gary Mandel and Sophie Staples (Tax); Greg Grogan and Patricia Adams (Executive Compensation and Employee Benefits); Lori Lesser and Alex Moser (Intellectual Property); Tim Gallagher and Krista McManus (Real Estate); and Michael Isby (Environmental).