Tata Consultancy Services (TCS) has completed its acquisition of Coastal Cloud Holdings, LLC, effective January 14, 2026. The acquisition, initially announced in December 2025, involved merging a subsidiary with Coastal Cloud and acquiring the remaining equity interest through TCS North America Corporation. Three Coastal Cloud subsidiaries in the USA and one in Canada will become indirect subsidiaries of TCS.
Acquisition Completion
Tata Consultancy Services (TCS) announced the completion of the acquisition of Coastal Cloud Holdings, LLC (“Coastal Cloud”), along with its subsidiaries, effective January 14, 2026. This finalizes the agreement initially disclosed in letters dated December 10 and 16, 2025.
Deal Structure
The acquisition was executed through the following structure:
SCP Blocker Details
SCP Blocker, formed on May 13, 2020, holds the 14% equity interest in Coastal Cloud but has no other operations or assets.
Subsidiary Impact
As a result of the acquisition, three Coastal Cloud subsidiaries in the USA and one in Canada will become indirect subsidiaries of TCS.
Coastal Cloud Turnover
- CY24: USD 132 million
- Last Twelve Months (LTM) September 2025: USD 141 million
Business Area
Coastal Cloud provides Advisory and AI services, IT, and IT Enabled Services.
Rationale
The acquisition aims to rationalize the group structure of the Company.
Source: BSE
