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PagerDuty exploring sale after receiving interest, Reuters reported

PagerDuty (PD) is exploring including a potential sale after receiving acquisition interest, Milana Vinn of Reuters reported on Friday, citing people familiar with the matter. The company is working with Qatalyst Partners on a potential sale after attracting interest from both financial sponsors and strategic acquirers, sources told Reuters. Qatalyst is soliciting possible further buyer interest in PagerDuty, with this process at an early stage, the people added. Shares of PagerDuty are up 5%, or 80c, to $16.52 in premarket trading.

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