Blue & Co
Blue & Co., LLC is a Top 75 regional accounting and consulting firm operating 17 offices across six states, serving closely-held businesses, healthcare organizations, not-for-profits, and other industries with assurance, tax, healthcare consulting, cybersecurity, and transaction advisory services.
- Company typePrivate
- Founded1970
- HeadquartersBloomington, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Blue & Co does
Blue & Co., LLC is a privately held regional accounting and consulting firm founded in 1970 and headquartered in Carmel, Indiana. The firm operates as a Top 75 U.S. accounting practice with 251-500 employees distributed across 17 offices in six states (Indiana, Kentucky, Tennessee, Ohio, Texas, and Michigan), delivering three core service lines: Assurance Services (audit, employee benefit plan audits, SOC reporting, lease standard compliance), Tax Consulting, and Consulting Services spanning business advisory, employee benefits, healthcare consulting, cybersecurity & IT, and transaction advisory. The firm pursues a vertical specialization strategy across 12+ industries, with healthcare serving as its deepest practice area, staffed by 145+ professionals dedicated to reimbursement optimization, revenue cycle management, 340B consulting, and managed care contracting.
Blue & Co. generates revenue through engagement-based professional services pricing with multi-year contracts, distributed across diversified customer segments including closely-held businesses, healthcare organizations (dental practices, physician practices, post-acute care), not-for-profits (50+ fraternal organizations, foundations, higher education institutions), construction firms, manufacturing and distribution businesses, retail automotive dealerships (40+ clients), and technology startups. The firm leverages third-party technology platforms including CCH Axcess (Wolters Kluwer) for tax preparation and the HubSync Portal for client collaboration and document management. Its go-to-market is relationship-led and sales-driven, combining referral networks, industry events and sponsorships, thought leadership content, and direct field engagement through its regional office network.
The firm has executed a programmatic acquisition-led growth strategy, completing three acquisitions in approximately six years: Clarus Partners (December 2019), Alerding CPA Group (December 2022), and D & Co. (February 2026). The D & Co. acquisition added four Texas offices, 40 employees, and six directors while deepening healthcare consulting capabilities. Blue & Co. is owned and controlled by its partners/members and has not pursued external private equity or venture capital funding, instead funding expansion through partner capital and acquisition proceeds. Strategic partnerships with Blue Pioneer Consulting (cybersecurity/IT), One2800 Capital Advisors (capital advisory), and Blue Benefits (employee benefits) extend the firm's service surface beyond core CPA offerings.
Blue & Co firmographics
Firmographics- Name
- Blue & Co
- Legal name
- Blue & Co., LLC
- Website
- https://blueandco.com
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Blue & Co., LLC is a Top 75 regional accounting and consulting firm operating 17 offices across six states, serving closely-held businesses, healthcare organizations, not-for-profits, and other industries with assurance, tax, healthcare consulting, cybersecurity, and transaction advisory services.
- Ownership category
- akta.pro rank
Blue & Co industry classification
Industry- Product category
- Accounting and Professional Services
- NAICS
- Management Consulting Services (54161), Human Resources Consulting Services (541612)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- M&A Advisory (Buy-side/Sell-side) (BPAHADAC)
- akta.pro secondary industries
- Healthcare Clinical & Allied Health Staffing (BPACADAJ), Digital Workplace & Collaboration Consulting (BPAHAEAH)
Keywords
Where Blue & Co is headquartered
LocationHeadquarters
- HQ city
- Bloomington
- HQ country
- United States
- HQ region
- North America
Offices17 records
Markets served
Blue & Co business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Assurance Services: Audit, review, and compilation services including employee benefit plan audits, SOC reporting, and lease standard compliance
- Tax Consulting: Tax compliance and advisory services for individuals and organizations across various industries
- Consulting Services: Business consulting including employee benefits consulting, healthcare consulting, planning solutions, cybersecurity & IT consulting, and transaction advisory services
- Industry-Specific Services: Specialized services for healthcare, dental practice, physician practice management, post-acute care, not-for-profit, fraternal organizations, higher education, construction, manufacturing, retail automotive, and technology startups
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Professional services engagement-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Blue & Co product offering
Product offeringCore offering
Blue & Co. is a regional accounting and consulting firm providing audit and assurance services, tax consulting, and advisory services across more than 12 industry verticals. Its Healthcare Consulting practice is a major differentiator with 145+ dedicated professionals serving hospitals, dental practices, physician practices, and post-acute care providers with reimbursement, revenue cycle, and 340B expertise. The firm also delivers transaction advisory, cybersecurity/IT consulting (via Blue Pioneer Consulting), employee benefits consulting, and planning solutions, supported by client portal technology.
Product overview
Blue & Co., LLC is a regional accounting and consulting firm offering a comprehensive suite of professional services organized into three core service lines: Assurance Services (including employee benefit plan audits, lease standard compliance, and SOC reporting), Tax Consulting, and Consulting Services. The consulting practice encompasses Business Services, Employee Benefits Consulting, Planning Solutions, Healthcare Consulting, Cybersecurity & IT Consulting (via Blue Pioneer Consulting partnership), and Transaction Advisory Services. The firm serves multiple industries including Healthcare (with specialized dental practice, physician practice, and post-acute care consulting), Not-for-Profit (with Form 990 solutions, online assessments, and financial health checkups), Construction, Manufacturing & Distribution, Real Estate, Higher Education, Technology Startups, and others. The firm operates 17 offices across six states and provides client access through the HubSync Portal and Blue Portal platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Assurance Services
Quantifiable outcome
- Over 50 fraternal organizations served
- +2 more outcomes
Companies that use Blue & Co
Customer profileNamed customers12 records
Segments7 records
Ideal customer profiles4 records
Blue & Co technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
Blue & Co partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- CCH Axcess (Wolters Kluwer)coreTechnology partnership providing CCH Axcess platform for client portal access, tax preparation, and document management. Blue & Co. has entered into a Master Agreement with CCH Incorporated, a Wolters Kluwer business, to provide clients access to the Blue Portal and related services.
- Blue Pioneer ConsultingcoreStrategic partnership for cybersecurity and IT consulting services. Blue Pioneer Consulting works alongside Blue & Co. management teams to review, strengthen, and develop IT and cybersecurity policies. Joint go-to-market for cybersecurity assessments and incident response planning.
- North-American Interfraternity ConferencecoreAnnual sponsor of the North-American Interfraternity Conference, a major industry organization for fraternal life and leadership.
- National Panhellenic ConferencecoreAnnual sponsor of the National Panhellenic Conference supporting sorority organizations and women's leadership.
- Fraternal Executives AssociationcoreAnnual sponsor of the Fraternal Executives Association supporting professional development in the fraternal industry.
- AICPAminorAffiliation with American Institute of Certified Public Accountants for SOC reporting services and professional standards.
- Blue BenefitsminorAffiliate organization providing employee benefits consulting services as part of comprehensive client solutions.
- One2800 Capital AdvisorsminorAffiliate partner for capital advisory and investment banking services complementing Blue & Co.'s transaction advisory practice.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
Blue & Co competitors and assessment
Company assessmentDirect peers
- Crowe LLP: Top 10 US accounting and advisory firm with deep healthcare consulting, not-for-profit, and transaction advisory practices. Most comparable peer given overlapping healthcare specialization and similar full-service mid-market positioning.
- Wipfli LLP: Top 20 US accounting firm with strong healthcare, manufacturing, and not-for-profit practices across the Midwest. Closely comparable in vertical specialization and regional footprint overlap with Blue & Co.
- Plante Moran: Top 15 US accounting and business advisory firm headquartered in the Midwest with similar healthcare, manufacturing, and private equity advisory practices. Comparable in scale, regional focus, and service-line breadth.
- Forvis: Top 10 US CPA firm formed from BKD + Dixon Hughes Goodman merger with deep healthcare and not-for-profit practices. Comparable vertical specialization and recent roll-up growth strategy.
- Eide Bailly LLP: Top 25 US accounting firm with strong healthcare, construction, and not-for-profit practices across the Midwest and Western US. Comparable size, vertical mix, and acquisition-led growth approach.
- Rehmann: Top 50 US accounting and advisory firm with strong healthcare, manufacturing, and not-for-profit practices based in the Midwest. Comparable regional presence and specialty practice model.
- Doeren Mayhew: Top 100 US CPA firm with deep healthcare, construction, and energy practices; has pursued a serial-acquisition strategy. Comparable size and roll-up growth playbook.
- Somerset CPAs: Indianapolis-based regional CPA firm serving closely-held businesses and not-for-profits. Geographic peer in the Indiana market that competes for similar clients.
- Katz, Sapper & Miller: Indianapolis-based CPA and advisory firm with healthcare, not-for-profit, and closely-held business practices. Direct local market competitor with comparable service mix.
- Clark Schaefer Hackett: Ohio-based Top 100 CPA firm with healthcare, not-for-profit, and construction practices. Geographic peer in adjacent Midwest markets with comparable vertical mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Blue & Co social profiles
Digital presenceBlue & Co compliance and trust
Trust signalCompliance5 records
Blue & Co financial estimates
Financial estimateRevenue estimate
Valuation estimate
Blue & Co leadership team
Management profileNumber of profiles
Profiles8 records
Blue & Co subsidiaries and ownership
Company hierarchySubsidiaries2 records
Blue & Co funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Blue & Co M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Blue & Co
What does Blue & Co do?
Blue & Co. is a regional accounting and consulting firm providing audit and assurance services, tax consulting, and advisory services across more than 12 industry verticals. Its Healthcare Consulting practice is a major differentiator with 145+ dedicated professionals serving hospitals, dental practices, physician practices, and post-acute care providers with reimbursement, revenue cycle, and 340B expertise. The firm also delivers transaction advisory, cybersecurity/IT consulting (via Blue Pioneer Consulting), employee benefits consulting, and planning solutions, supported by client portal technology.
Is Blue & Co a public or private company?
Blue & Co is a private company. It is classified as management employee owned and is currently operating.
When was Blue & Co founded?
Blue & Co was founded in 1970. It employs 501 to 1,000 people.
Where is Blue & Co based?
Blue & Co is headquartered in Bloomington, United States, in the North America region.
How does Blue & Co make money?
Four revenue lines are on record. Assurance Services are the primary driver. The others are tax Consulting, consulting Services and industry-Specific Services.
Who are Blue & Co's main competitors?
Direct peers on record are Crowe LLP, Wipfli LLP, Plante Moran, Forvis, Eide Bailly LLP, Rehmann, Doeren Mayhew, Somerset CPAs, Katz, Sapper & Miller and Clark Schaefer Hackett.
Does Blue & Co have an API?
No public API is recorded for Blue & Co.
What industry is Blue & Co in?
Blue & Co's product category is Accounting and Professional Services. Its primary akta.pro industry code is BPAHADAC, M&A Advisory (Buy-side/Sell-side), with a secondary code of BPACADAJ, Healthcare Clinical & Allied Health Staffing. Its NAICS code is 54161 and its SIC code is 8742.