AccessPoint, a Michigan-based professional employer organization, acquired HR outsourcing firm YourSource Management Group in an effort to enhance its “unbundled” HR outsourcing service platform.

AccessPoint also plans to purchase the YourSource Management Group headquarters building in Auburn Hills, Mich., to provide a northern Oakland County presence for AccessPoint’s business units.

Terms of the transaction were not disclosed.

Founded in 1999, YourSource Management Group provides three HR outsourcing solutions: HR consulting for specific projects such as HR audits, organizational development, and employee benchmarking; HR outsourcing providing, or supplementing, an organization’s human resources function with onsite human resource expertise; and HR management providing a comprehensive solution to manage HR, benefit administration, and payroll through an integrated human resource information system including new hire and benefit enrollment, and time and labor management.

CEO Todd Lancaster will remain with the firm in a senior role within the AccessPoint organization.

AccessPoint CEO Greg Packer said the companies’ product offerings complement each other with little overlap, and the two organizations are culturally aligned. “I have known Todd for nearly 20 years and his organization leads a very short list of human resources outsourcing companies in the region that are culturally aligned with AccessPoint.”

The deal follows AccessPoint’s January acquisition of Preferred Solutions, a 22-year-old information technology staffing, training and consulting firm.

AccessPoint's 2016 revenue was nearly $230 million across all divisions and Packer said its new annual revenue goal aims to be close to $300 million. It currently has 11 locations in Michigan including Farmington Hills, Lansing, Grand Rapids and Traverse City, and offices in Washington DC, and Bonita Springs, Fla.