merger

The Fivetran + dbt merger is a big deal — one of those tectonic shifts that reorders how people build data stacks. If you haven’t already heard, here’s the hot goss: In October 2025, Fivetran and dbt Labs dropped the mic: they’re merging in an all-stock deal. The combined entity is projected to have nearly $600 million ARR and serve more than 10,000 customers. Fivetran CEO George Fraser will lead the new company, while dbt’s Tristan Handy becomes cofounder + president. The merger is being framed as a “merger of equals” rather than a straight acquisition. If you’re thinking, “Wait — these two already acted like peanut butter and jelly in the modern data stack,” you’re not wrong: reports say … Read more