Pete Davidson 'On a Break' with Cazzie When Ariana Relationship Began

6/17/2018 1:00 AM PDT

Pete Davidson and Cazzie David Were 'On a Break' When Ariana Grande Hookup Started

EXCLUSIVE

Pete Davidson was technically single when he started dating Ariana Grande ... TECHNICALLY, but "Friends" fans might not agree.

Sources close to the newly engaged couple say Pete and his ex-gf, Cazzie David, were "on a break" in early May -- but not necessarily broken up for good -- when his relationship with Ariana sparked. But they hit if off, and it quickly became clear Pete was serious about moving on with Ariana.

The good news -- it seems all parties involved are happy with the end result. As we reported, Cazzie's not upset or dwelling on her ex's quick rebound. Hey, if it's good enough for Ross and Rachel.

As for Ariana and Pete -- they're still in full PDA mode with Davidson posting a pic wrapped up with his fiancee, captioned ... "u know what you’d dream it be like ? it’s better than that."

u know what you’d dream it be like ? it’s better than that

A post shared by Pete Davidson (@petedavidson) on

As we reported ... the couple got engaged last week after just over a month of dating, firmly cementing themselves in the Whirlwind Romance Hall of Fame.