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 (Jul 2026)

Most viewed in 2019

Morningstar has made a total of 26 acquisitions. These 26 acquisitions spanned 10 sectors, including Investment Tech, Data as a Service, and Services for Investment Industry, across 6 countries, most notably United States, Australia, and Canada. Activity peaked in 2008 with 5 acquisitions, followed by 3 acquisitions each in 2016 and 2019. The average annual acquisition rate from 2020 to 2025 is 0.8, with 0 acquisitions completed this year. The latest addition is Crsp, a United States-based provider of financial market data, benchmarks, and analytics, 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	rkyf	tyjs	49	478
2022	Henan Yujie Times Automobile	mhsg	dtrl	17	182
Apr 04, 2022	Mcenergygroup	euxq	rhul	88	390
Sep 08, 2021	Moorgate Benchmarks	dtho	saeb	43	716
Apr 22, 2020	Sustainalytics	zssj	zjbd	47	137