diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8f1e59c55..50f7c9bab 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 # PowerShell Editor Services Release History
 
+## v2.5.0
+### Monday, August 30, 2021
+
+- ✨ ‍🕵️ [PowerShellEditorServices #1562](https://github.com/PowerShell/PowerShellEditorServices/pull/1562) - Pin PSScriptAnalyzer to `1.20.0`, Plaster to `1.1.3` and PSReadLine to `2.1.0`.
+
 ## v2.4.9
 ### Monday, August 23, 2021
 
diff --git a/PowerShellEditorServices.Common.props b/PowerShellEditorServices.Common.props
index 2fa4c2aa1..eebe474de 100644
--- a/PowerShellEditorServices.Common.props
+++ b/PowerShellEditorServices.Common.props
@@ -1,6 +1,6 @@
 <Project>
   <PropertyGroup>
-    <VersionPrefix>2.4.9</VersionPrefix>
+    <VersionPrefix>2.5.0</VersionPrefix>
     <VersionSuffix></VersionSuffix>
     <Company>Microsoft</Company>
     <Copyright>© Microsoft Corporation.</Copyright>
diff --git a/module/PowerShellEditorServices/PowerShellEditorServices.psd1 b/module/PowerShellEditorServices/PowerShellEditorServices.psd1
index 98360485c..a7b4a5bd3 100644
--- a/module/PowerShellEditorServices/PowerShellEditorServices.psd1
+++ b/module/PowerShellEditorServices/PowerShellEditorServices.psd1
@@ -19,7 +19,7 @@ RootModule = if ($PSEdition -eq 'Core')
     }
 
 # Version number of this module.
-ModuleVersion = '2.4.9'
+ModuleVersion = '2.5.0'
 
 # ID used to uniquely identify this module
 GUID = '9ca15887-53a2-479a-9cda-48d26bcb6c47'