Morningstar buys Seattle Startup PitchBook Data

By 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 […]