14 JUN 2025 / M&A UPDATES

Carr Riggs & Ingram Enters East Texas with Merger of Axley & Rode LLP

- MYCPE ONE Insights Team

Summary

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Enterprise, Alabama-based firm Carr Riggs & Ingram (CRI) has merged with Axley & Rode LLP, expanding its presence in Texas and incorporating all partners and staff members from the Lufkin-based firm. This move strengthens CRI's position within the competitive Texas market and supports its strategic plan for growth through community-focused, values-driven partnerships.

Enterprise, Ala.-based IPA 100 firm Carr Riggs & Ingram (CRI) (FY23 net revenue: $455.3 million) has expanded its Texas footprint by merging with Axley & Rode LLP, a well-established IPA 400 firm based in Lufkin, Texas.

Founded in 1949, Axley & Rode also operates offices in Jasper, Livingston, and Nacogdoches, offering CRI immediate access to the East Texas region—an area previously untapped by the firm. All ten partners and staff members from Axley & Rode will integrate with CRI’s broader Texas team.

This is CRI’s second major transaction since securing a strategic capital investment in November 2024, signaling its accelerated commitment to strategic expansion.

“Texas has always been a crucial part of CRI’s growth strategy,” said Bill Carr, chairman of CRI. “Axley & Rode’s deep community ties, client-first approach, and shared values make them an ideal partner as we continue expanding into East Texas.”

The merger builds on CRI’s long-term strategy of growing through community-focused, values-aligned partnerships while strengthening its position in the competitive Texas market.

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