a private investment firm, has teamed up with the management of to buy the company from its Chinese owners.

Financial terms were not disclosed.

Mergent, which is based in Rock Hill, S.C., was once part of Moody’s Financial Information Services. The firm was spun off and renamed in 1998. It had been owned by Xinhua Finance Limited.

Jonathan Worrall, Mergent’s chief executive officer, and other senior staff participated in the transaction and will own part of Mergent.

"Mergent’s unique and proprietary data assets and financial index calculation capabilities have created a strategic asset in an attractive market with multiple avenues for growth,” said Charles Grigg, a partner at Carousel Capital.

According to Mergent, it operates the “longest continuously collected database” of: information about domestic and international firms. It was founded in 1900.

"We are extremely excited about our new partnership with Carousel Capital," said Worrall in a statement. "Carousel’s experience in our sector and strong support for our objectives will help us capitalize on our position in the industry and maximize our growth opportunities."