How many acquisitions has Morningstar made so far?

Morningstar has completed 26 acquisitions so far, with an average acquisition amount of $176M.

Which countries does Morningstar usually acquire in?

Morningstar has made acquisitions in 6 countries with the most activity in United States and Australia.

Which is Morningstar's latest acquisition?

Morningstar's most recent acquisition is Crsp, a Provider of financial market data, benchmarks, and analytics, acquired in September 2025.

Which sectors does Morningstar target for acquisitions?

Most of Morningstar's acquisitions are in Investment Tech (13) and Data as a Service (6).

In which year did Morningstar make the most acquisitions?

Morningstar was most active in 2008, with 5 acquisitions completed in that year.

List of 26 Acquisitions by Morningstar (Sep 2026)

Morningstar has made a total of 26 acquisitions. Its activity spans 10 sectors, including Investment Tech, Data as a Service, and Services for Investment Industry. The company has executed transactions across 6 countries, with the highest concentration in United States, Australia, and Canada. Peak activity occurred in 2008 with 5 acquisitions, followed by 2019 and 2016 with 3 acquisitions each. Between 2020 and 2025, the company averaged 0.8 acquisitions per year, with 0 acquisitions completed in the current calendar year. The most recent acquisition is Crsp, a financial market data, benchmark, and analytics provider based in the United States, acquired in September 2025.

Here's the year on year acquisition history of Morningstar:

Number of Total Acquisitions

Year	# Acquisitions
2025	1
2022	2
2021	1
2020	2
2019	3
2016	3
2015	1
2014	1
2010	2
2009	1
2008	5
2006	1
2005	2
2003	1

View all Acquisitions by Morningstar

Recent acquisitions by Morningstar

Morningstar's most recent acquisition - Crsp is a Provider of financial market data, benchmarks, and analytics. Morningstar acquired it in September 2025 for a price of $*****.

Here is the list of all acquisitions by Morningstar sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Sep 23, 2025	Crsp	ilht	xauj	51	641
2022	Henan Yujie Times Automobile	kgof	dylt	33	520
Apr 04, 2022	Mcenergygroup	gqrj	ovqu	71	220
Sep 08, 2021	Moorgate Benchmarks	rxco	ebks	74	249
Apr 22, 2020	Sustainalytics	qoeo	hgw{	17	841