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Morningstar to Acquire CRSP for $375 Million, Enhancing Investor Tools

9/24/2025

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Story summary
  • Morningstar to acquire Center for Research in Security Prices (CRSP) from the University of Chicago for $375 million.
  • CRSP's Market Indexes underpin benchmarks for over $3 trillion in U.S. equities, and CRSP has provided market data since 1960.
  • Deal is expected to close in Q4 2025, pending regulatory approval; Morningstar CEO Kunal Kapoor says it will empower investors with high-quality tools.