Morningstar buys Seattle Startup PitchBook Data

140616_mic2rBy Rachel Lerman

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

 

 

 

 

Post Your Thoughts

Related Posts
Bill Gates and Roger Federer: dynamic duo?

Bill Gates and Roger Federer: dynamic duo?

By Tian DuBelko Last Saturday, an unlikely tandem of Microsoft co-founder Bill Gates and 18-time…

Co-working nears 1 million square feet in Seattle and the Eastside

Co-working nears 1 million square feet in Seattle and the Eastside

By Nat Levy Co-working companies now take up close to 950,000 square feet of office…

Which giant companies take the most staff off from their rivals? [Infographic]

Which giant companies take the most staff off from their rivals? [Infographic]

We found this infographic from Talentful quite interesting. These 15 cases of employee headhunting and…

Close

Book a Tour

Would you like to see our space before joining? Come and visit our coworking space. Please fill out the form and our manager will get back asap.