Ephinay, a charlotte-based firm offering finance and accounting outsourcing, has acquired the outstanding stock of Core3, which is based in Phoenix.

Both firms focus on business process outsourcing. Terms of the deal were not announced.

The Core3 office will become known as Ephinay’s Phoenix Service Center and will be run by Gregg Scoresby, founder and chief executive officer of Core3. He also will serve as Ephinay’s vice president of client services.

Ephinay, which also maintains an office in Delhi, India, said Core3’s assets include a number of long-term customer contracts and several consulting clients.

Ephinay: www.ephinay.com