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Morningstar acquires CRSP for benchmarking expansion

PUBLIC · MORNNov 12, 2025

Acquiring Company

Morningstar

Acquired Company

Center for Research in Security Prices

ChicagoChicagoFinancial ServicesFinanceFinancial ServicesLending

Description

Morningstar has acquired the Center for Research in Security Prices to enhance its offerings in the benchmarking space. This strategic move is part of Morningstar's broader initiative to launch new indexes aimed at semiliquid and evergreen funds. The acquisition comes as Morningstar continues to adapt and innovate amid changing market conditions.

Quick answer

Morningstar is acquiring Center for Research in Security Prices, announced November 12, 2025. Morningstar is based in Chicago, Illinois, United States.

How much did Morningstar pay for Center for Research in Security Prices?
The deal value was not disclosed.
What does Morningstar do?
Morningstar, Inc. is a financial services firm based in Chicago, Illinois, founded in 1984 by Joe Mansueto.
Where are Morningstar and Center for Research in Security Prices based?
Morningstar is based in Chicago, Illinois, United States. Center for Research in Security Prices is based in Chicago, Illinois, United States.
Who are the decision-makers at Morningstar?
Fundz holds 3 contacts at Morningstar. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Morningstar

Location

22 West Washington Street

Chicago, Illinois, United States

About

Morningstar, Inc. is a financial services firm based in Chicago, Illinois, founded in 1984 by Joe Mansueto. The company is a leading global provider of independent investment insights, catering to a wide range of investors from beginners to experts. Morningstar operates in 32 countries and offers data and research on various investment options. The firm has five core segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. Its offerings include comprehensive investment analysis tools, data on private capital markets, credit ratings and analytics, managed investments, and retirement account services. Morningstar also provides environmental, social, and governance data through Morningstar Sustainalytics and market indexes for performance benchmarks. The company serves individual investors, financial advisors, asset managers, retirement plan providers, and global alliances, managing approximately $369 billion in assets as of September 30, 2025.

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Frequently asked

Who acquired Center for Research in Security Prices?

Center for Research in Security Prices was acquired by Morningstar, based in Chicago. The deal was reported on November 12, 2025. Morningstar, Inc. is a financial services firm based in Chicago, Illinois, founded in 1984 by Joe Mansueto. Morningstar is publicly traded (MORN) and operates in Financial Services.

When did Morningstar acquire Center for Research in Security Prices?

Morningstar's acquisition of Center for Research in Security Prices was reported on November 12, 2025. Morningstar has acquired the Center for Research in Security Prices to enhance its offerings in the benchmarking space. This strategic move is part of Morningstar's broader initiative to launch new indexes aimed at semiliquid and evergreen funds. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Center for Research in Security Prices do?

CRSP is a premier provider of historical stock market data and indexes. Founded in 1960, it has contributed significantly to financial data transparency and investment strategies. It is privately held, operating in Financial Services, and is based in Chicago.

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