Blackstone Buys $250 Million Stake in Outsourcing Startup TaskUs

Blackstone Group LP is buying a large stake in TaskUs, a startup that handles customer service and content moderation for many Silicon Valley companies, in a deal that values the company at more than $500 million, the companies said early Thursday morning.

Blackstone is investing $250 million, according to a person familiar with the deal who asked not to be identified because some details remain private. The startup’s valuation does not include money raised, the company said.