Harbert Growth Partners Announce Crunchy Data Acquisition by Snowflake

Deal News | Jun 05, 2025 | Harbert Management Corporation

Harbert Growth Partners has announced the acquisition of its portfolio company Crunchy Data by technology giant Snowflake. Harbert led Crunchy Data's Series B and subsequent financings to advance its ambitious agenda, including the creation of Crunchy Bridge, a leading Postgres Database-as-a-Service (DBaaS) offering, and the recent launch of Crunchy Data Warehouse, integrating Postgres solutions into the Online Analytical Processing (OLAP) market. Although the partnership with Crunchy Data is coming to an end, Harbert is confident that Snowflake will continue to nurture the growth and innovation demonstrated by Crunchy Data's team.

Sectors

Private Equity
Technology
Databases and Cloud Computing

Geography

United States – Harbert Management Corporation and Crunchy Data are based in the United States, which is central to this acquisition.

Industry

Private Equity – The article involves Harbert Growth Partners, a private equity firm that supported Crunchy Data's growth and eventually facilitated its acquisition by Snowflake.
Technology – Crunchy Data, a technology company specializing in Postgres Database solutions, was acquired by Snowflake, another technology-oriented company.
Databases and Cloud Computing – Crunchy Data's products, Crunchy Bridge and Crunchy Data Warehouse, are crucial in the database-as-a-service and cloud computing markets.

Financials

– The article does not disclose specific financial details such as the deal price for the acquisition of Crunchy Data by Snowflake.

Participants

Name	Role	Type	Description
Harbert Growth Partners	PE Firm	Company	A private equity firm that led Crunchy Data's Series B and subsequent financings.
Crunchy Data	Target Company	Company	A company providing Postgres database solutions, acquired by Snowflake.
Snowflake	Bidding Company	Company	The acquiring company now owning Crunchy Data, specializing in cloud-based data-warehousing.