Simpson-Led TaskUs Leads 3 IPO Launches Totaling $441M

Law360 (June 2, 2021, 4:44 PM EDT) -- Three companies spanning the technology, e-commerce and boating industries joined June's initial public offerings pipeline on Wednesday, launching plans for IPOs that are projected to raise about $441 million combined, guided by six law firms.

TaskUs Inc., advised by Simpson Thacher & Bartlett LLP, is moving forward on the largest deal of the trio unveiled Wednesday. TaskUs told regulators that it plans to offer 13.2 million shares priced between $22 to $24, raising $304 million at midpoint.

New Braunfels, Texas-based TaksUs provides companies customer support, artificial intelligence and content security services, counting Uber Technologies Inc., Netflix Inc. and Zoom Technologies Inc....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!