Deal Snapshot
Morningstar Acquires Moorgate Benchmarks to Fuel Indexing Growth and Disruption
Monday 13 September 2021

US-based investment research provider Morningstar, Inc. (NASDAQ: MORN) has acquired European index design, calculation, and administration provider Moorgate Benchmarks, the company said.

ETFS Capital provided seed funding to Moorgate Benchmarks in 2019 and had been its sole external investor. With this transaction, Moorgate Benchmarks becomes a wholly owned subsidiary of Morningstar.

Date Published: 13/09/2021