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  6. Harbert Private Capital Exits Crunchy Data

Investment Summary

Harbert Private Capital Exits Crunchy Data

On June 2, 2025, Snowflake invested in information technology company Crunchy Data from Harbert Private Capital for 250M USD

Investment Highlights
  • This is Snowflake’s 1st transaction in the Information Technology sector.
  • This is Snowflake’s largest (disclosed) transaction.
  • This is Snowflake’s 6th transaction in the United States.
  • This is Snowflake’s 1st transaction in South Carolina.

Investment Summary
Date 2025-06-02
Target Crunchy Data
Sector Information Technology
Investor(s) Snowflake
Sellers(s) Harbert Private Capital
Deal Type Add-on Acquisition
Deal Value 250M USD

Target

Crunchy Data

Charleston, South Carolina, United States
Crunchy Data offers an enterprise data management platform built on PostgreSQL (“Postgres”), an open-source, relational database platform with a reputation for reliability and a history of over 30 years of active development. Crunchy Data brings the power and efficiency of open-source Postgres to security-conscious organizations to eliminate expensive proprietary database costs for both public and private sector customers. Crunchy Data was founded in 2012 and is based in Charleston, South Carolina.

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Investor(S) 1

Investor

Snowflake

Bozeman, Montana, United States
Category Company
Founded 2012
Sector Internet Software and Services
Employees7,834
Revenue 3.6B USD (2025)
DESCRIPTION

Snowflake is an entity which provides a cloud-based data platform in the United States and internationally. Snowflake was founded in 2012 and and is based in Bozeman, Montana.

DEAL STATS #
Overall 6 of 6
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
State: South Carolina M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-20 Datavolo

Peoria, Arizona, United States

Datavolo accelerates the creation, management, and observability of multimodal data pipelines for enterprise AI1. Datavolo is based in Peoria, Arizona.

Buy -

Seller(S) 1

SELLER

Harbert Private Capital

Birmingham, Alabama, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1985
PE ASSETS 4.7B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Harbert Private Equity and Mezzanine is a private equity arm of Harbert Management Corp. The Private Equity group targets leveraged buyouts, recapitalizations, expansion capital investments, and distressed situations. The firm targets opportunities across a range of industries and typical transactions have enterprise values between A$10 and A$100 million. The Mezzanine Capital group seeks subordinated debt investments and can commit $3 to $15 million per transaction. . Harbert Management Corporation was formed in 1985 and has offices in Birmingham, Alabama; New York, New York; Nashville, Tennessee; Richmond, Virginia; London; Madrid; Paris; and Melbourne.

DEAL STATS #
Overall 44 of 44
Sector: Information Technology M&A 5 of 5
Type: Add-on Acquisition M&A Deals 27 of 27
State: South Carolina M&A 1 of 1
Country: United States M&A 43 of 43
Year: 2025 M&A 1 of 1
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-26 Payzer

Charlotte, North Carolina, United States

Payzer provides an end-to-end Field Service Management platform that helps contractors run their business, grow sales, and simplify back-office operations. The Payzerware platform provides complete business management software including scheduling and dispatching, invoicing, sales proposals, and maintenance agreements. Payzer was founded in 2012 and is based in Charlotte, North carolina.

Sell $250M
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