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 Amazon CEO Jeff Bezos stopped by the annual Internet Association…
By Tian DuBelko On Tuesday, recruiting and job site Glassdoor released its list of the 25 highest-paying…
by John Cook Innovative startups transforming everything from virtual reality to health care. Seattle startups are…
By