AccessPoint, a Farmington Hills-based professional service organization and human resource company, has acquired YourSource Management Group, AccessPoint CEO Greg Packer said.
Terms of the deal were not disclosed.
Packer said AccessPoint also plans to purchase the 6,600-square-foot YMG headquarters building at 3342 Auburn Road in Auburn Hills to provide additional space for its growing business units. The sale price hasn’t been finalized, but the building is currently valued at about $1 million, AccessPoint officials said.
“YMG will enhance our unbundled human resources outsourcing service platform as it is the clear leader in that niche,” said Packer in a statement.
Todd Lancaster, CEO of YMG, said joining AccessPoint will allow YourSource to offer additional options to clients in Michigan.
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SOURCE: Crain’s
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