Blue Acquires D & Co. in Texas Expansion

Top 75 Firm Blue & Co. expands presence in Texas, strengthens healthcare specialty with acquisition of D & Co.

Published on Feb. 6, 2026

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Top 75 accounting firm Blue & Co. has acquired D & Co., a Texas-based firm with four offices in Lubbock, Dallas, Fort Worth and Waco. The deal adds 40 employees to Blue, particularly strengthening its healthcare consulting and advisory services. Blue & Co. now has a total of 17 offices across six states.

Why it matters

The acquisition allows Blue & Co. to expand its geographic footprint in Texas and bolster its healthcare industry expertise, which is a key specialty for the firm. The deal also represents further consolidation in the accounting industry as larger firms look to grow through strategic acquisitions.

The details

Through the acquisition, Blue & Co. adds four new offices in Texas and 40 employees, including six directors from D & Co. The acquired firm has a strong reputation for providing healthcare reimbursement, hospital and clinical consulting, healthcare audits, projections and financial advisory services. Blue & Co. says the deal aligns with its focus on 'putting people first and delivering high-quality, responsive service to our clients'.

  • The acquisition was effective as of February 1, 2026.
  • Blue & Co. has had a long-standing 15-year relationship with D & Co.

The players

Blue & Co.

A Top 75 accounting firm based in Carmel, Indiana that provides assurance, tax, compliance and consulting services, with a focus on industries like healthcare, construction, nonprofit, and manufacturing.

D & Co.

Formerly known as Durbin & Co., the Texas-based firm that was acquired by Blue & Co., adding four offices and 40 employees with expertise in healthcare consulting and advisory services.

Brad Shaw

Managing director of Blue & Co.

Tommy Davis

Partner at D & Co.

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What they’re saying

“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, Blue & Co. (accountingtoday.com)

“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.”

— Tommy Davis, Partner, D & Co. (accountingtoday.com)

What’s next

The integration of D & Co.'s operations and employees into Blue & Co. is expected to be completed over the next several months.

The takeaway

This acquisition demonstrates Blue & Co.'s strategic focus on growing its presence in key markets like Texas and expanding its industry expertise, particularly in the healthcare sector, through targeted M&A activity. The deal also highlights the ongoing consolidation trend in the accounting industry as larger firms look to gain scale and capabilities.