M&A Deal Summary

Morningstar Acquires Pitchbook

On October 14, 2016, Morningstar acquired information services company Pitchbook for 225M USD

Acquisition Highlights
  • This is Morningstar’s 6th transaction in the Information Services sector.
  • This is Morningstar’s 3rd largest (disclosed) transaction.
  • This is Morningstar’s 12th transaction in the United States.
  • This is Morningstar’s 1st transaction in Washington.

M&A Deal Summary
Date 2016-10-14
Target Pitchbook
Sector Information Services
Buyer(s) Morningstar
Deal Type Add-on Acquisition
Deal Value 225M USD

Target

Pitchbook

Seattle, Washington, United States
Pitchbook is a provider of investment and financing data that covers private equity, venture capital, and private and public companies. Pitchbook was formed in 2007 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Morningstar

Chicago, Illinois, United States
Category Company
Founded 1984
Sector Information Services
Employees12,224
Revenue 2.0B USD (2023)
DESCRIPTION
Morningstar's corporate headquarters in downtown Chicago, Illinois.
Morningstar's corporate headquarters in downtown Chicago, Illinois.

Morningstar is a provider of independent investment research in North America, Europe, Australia, and Asia. Morningstar offers products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. Morningstar was formed in 1984 and is based in Chicago, Illinois.

DEAL STATS #
Overall 12 of 22
Sector (Information Services) 6 of 9
Type (Add-on Acquisition) 9 of 16
State (Washington) 1 of 1
Country (United States) 12 of 14
Year (2016) 3 of 3
Size (of disclosed) 3 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-31 InvestSoft Technology

Massachusetts, United States

InvestSoft Technology is a provider of fixed-income analytic to fixed-income securities and portfolios, primarily through its BondPro Fixed-Income Calculation Engine, which provides more than 130 analytic and accounting calculations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-31 HelloWallet Holdings

Washington, District of Columbia, United States

HelloWallet is a special company with a unique story, fascinating characters and a compelling plot. It was founded in 2009 to democratize access to independent financial guidance for all Americans. Our customers, members and supporters help us tell the story every day. We invite you to learn more here and to be a part of our story.

Sell -
Mergr

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Company

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