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Zendesk Is Working With Adviser Qatalyst on Potential Sale

  • Software, private equity firms contacted as possible buyers
  • Zendesk shares jump in late trading after falling earlier
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Zendesk Inc., a software company that became a takeover target during a failed purchase of SurveyMonkey’s parent, is exploring a potential sale, according to people familiar with the matter. 

The San Francisco-based company has brought on a new adviser, Qatalyst Partners, and has reached out to potential buyers including software companies and private equity firms, said the people, who asked to not be identified because the situation is private. A final decision hasn’t been made and Zendesk could opt to remain independent, the people added.