Seattle startup PitchBook Data has been bought by investment-research firm Morningstar (NASDAQ: MORN) for about $180 million.
Morningstar, a public company, announced the news Friday morning. The deal values 9-year-old PitchBook at $225 million, including the investments Morningstar has already made in the company.
PitchBook was founded in Seattle in 2007 by financial analyst John Gabbert and started by tracking private equity deals. The company expanded to include research on venture-capital deals, IPOs and mergers and acquisitions.
Read the full story from the Seattle Times
By Tian DuBelko In the tech sector, where working from home is prevalent and reasonably-priced…
A recent CBRE report shows how the industry influences market fundamentals, the migration of tech…
By Tian DuBelko Canadian Prime Minister Justin Trudeau will be among the standouts in attendance…
By