Top 25 accounting firm Carr, Riggs & Ingram has completed two M&A deals in a little more than a week, adding DMR CPAs in Fort Worth, TX, and Trace Advisory, a Ridgeland, MS-based firm specializing in government accounting, auditing, and compliance.
Financial terms weren’t disclosed.
These are Enterprise, AL-based CRI’s third and fourth M&A deals in 2026. The firm has also added Crowl, Cameron & Associates, a Conroe, TX-based CPA firm, and CFO Hub, a San Diego-based provider of fractional CFO, controller, and financial advisory services.
CRI has made 13 transactions since securing a private equity investment from Centerbridge Partners and Bessemer Venture Partners in late 2024.
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Founded in 1958, DMR CPAs is a well-established firm serving businesses and individuals throughout Fort Worth and the surrounding area. The firm specializes in tax, audit, accounting, and payroll services, with particular experience serving clients in construction, manufacturing, and professional services.
Through the merger, which was announced on Aug. 11, DMR clients will gain access to CRI’s expanded advisory capabilities, industry-focused teams, and specialized portfolio companies, which span investment banking, wealth management, data analytics, and business consulting services, officials said.
Trace Advisory will now operate as CRI Government Solutions, a new member of the CRI Family of Companies, according to a media release on Aug. 19. This addition enhances CRI’s capacity to serve government entities and public-sector organizations nationwide.
Trace Advisory helps federal, state, and local organizations navigate complex accounting, auditing, and compliance requirements. Its services span government accounting, compliance auditing and single audits, contract and grant compliance, cost accounting, internal controls, and financial and operational support.
As CRI Government Solutions, the team from Trace Advisory will continue to serve clients under the CRI brand.
“Trace Advisory has built a strong reputation for helping government contractors and public sector organizations navigate complex accounting, auditing, and compliance requirements,” Bill Carr, founding partner and chairman of CRI, said in a statement on Aug. 19. “Their specialized knowledge is a natural fit for our firm. Adding CRI Government Solutions allows us to deepen our services for government clients and expand our offerings in this sector. We are proud to welcome the Trace Advisory team to the CRI family.”
“Our clients operate in highly regulated environments, but the stakes go well beyond compliance. The work we do is ultimately about accountability, responsible stewardship, and helping our clients protect the public trust,” added Trey Breckenridge, principal at Trace Advisory. “As CRI Government Solutions, we advance that mission by combining our specialized, hands-on approach with CRI’s national resources and broader capabilities to better serve our clients as their needs evolve.”
As part of the CRI Family of Companies, CRI Government Solutions expands CRI’s reach in the public sector and connects clients to specialized resources across the CRI family, including business advisory, data analytics, and consulting services.
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