M&A
confidence high
sentiment positive
materiality 0.80
Morningstar acquires CRSP from University of Chicago for $375M
Morningstar, Inc.
- Deal includes CRSP Market Indexes, benchmarks for over $3 trillion in US equities.
- CRSP generates ~$55M in annual revenue; acquired to bolster Morningstar's index capabilities.
- Vanguard funds tracking CRSP indexes include VTSAX, VTI, VIMAX, VO.
- Closing expected Q4 2025, subject to customary conditions and regulatory approval.