Top 75 Firm Blue & Co. acquired D & Co., effective February 1, expanding its presence in Texas and strengthening its healthcare specialty.
D & Co., formerly Durbin & Co., adds four offices in Lubbock, Dallas, Fort Worth and Waco, Texas, to Blue, which is based in Carmel, Indiana. The deal also adds 40 employees to Blue, with expertise in healthcare reimbursement, hospital and clinical consulting, healthcare audits, projections and financial advisory.
"We have had a long-standing relationship with D & Co., LLP for over 15 years, and knew that they would be a great fit for Blue when the time was right. It is very exciting to think about the expanded service offerings that we will be able to bring to the market as one team," Brad Shaw, managing director of Blue & Co., said in a statement. "This expansion represents our shared belief in putting people first and delivering high-quality, responsive service to our clients. D & Co. has a strong reputation with healthcare organizations in the Southwest and a team that aligns deeply with our values."
Founded in 1970, Blue ranked No. 57 on Accounting Today's
The firm offers assurance, tax, compliance and consulting, healthcare consulting, benefit plan services, valuation and litigation support, and business services. Its industry specializations include healthcare, construction, nonprofit, manufacturing and distribution, technology, financial service organizations, and agribusiness.
Financial terms of the deal were not disclosed.
Six directors from D & Co. are joining Blue: Brent Fuller, Tommy Davis, Steven Thummel, Andrew Castillo, Shonna Cannaday and Aaron Milligan.
"D & Co.'s employees and clients will benefit immensely from this move. Blue & Co. is a people-focused firm that will allow us to provide additional top-of-the-line services to our clients while continuing to provide our teams with an exceptional work culture," D & Co. partner Tommy Davis said in a statement.
