PagerDuty Enters Cooperation Agreement with Scalar Gauge Fund
Deal News | Apr 28, 2025 | Wachtell, Lipton, Rosen & Katz
PagerDuty, Inc., a company listed on the New York Stock Exchange, has announced a cooperation agreement with Scalar Gauge Fund. The agreement, disclosed on April 28, 2025, is set to bring about strategic changes within PagerDuty, including the appointment of new leadership. The cooperation aims to enhance the operational efficiency and strategic direction of PagerDuty with Scalar Gauge Fund playing a crucial role. Esteemed law firm Wachtell, Lipton, Rosen & Katz acted as the advisor for this agreement.
Sectors
- Technology
- Finance
- Legal Services
Geography
- United States – PagerDuty and Wachtell, Lipton, Rosen & Katz are based in the United States, and the announcement was made there.
Industry
- Technology – PagerDuty operates in the technology sector, specifically providing incident management solutions.
- Finance – Scalar Gauge Fund is part of the finance sector, likely involved in investment activities focused on strategic cooperation with technology firms.
- Legal Services – Wachtell, Lipton, Rosen & Katz provided legal advisory services for the agreement, which places them in the legal industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PagerDuty, Inc. | Target Company | Company | PagerDuty is a company listed on the NYSE that provides digital operations management solutions. |
| Scalar Gauge Fund | Bidding Company | Company | Scalar Gauge Fund appears to be an investment fund entering into a strategic cooperation with PagerDuty. |
| Wachtell, Lipton, Rosen & Katz | Legal Advisor | Company | A prominent law firm advising PagerDuty on the cooperation agreement with Scalar Gauge Fund. |
| Donald J. | Person | Person | Likely to be a new appointee at PagerDuty under the cooperation agreement with Scalar Gauge Fund. |