Tata Consultancy Services (TCS) has completed the acquisition of 100% equity interest in Coastal Cloud Holdings, LLC, and its subsidiaries, as of January 14, 2026. The acquisition was structured through the merger of Trident LE, LLC with Coastal Cloud and the acquisition of the remaining equity interest through TCS North America Corporation’s acquisition of SCP V-B Blocker III LLC. Three subsidiaries of Coastal Cloud in the US and one in Canada will become indirect subsidiaries of TCS.
Acquisition Overview
Tata Consultancy Services (TCS) has finalized the acquisition of 100% of the equity interest in Coastal Cloud Holdings, LLC (“Coastal Cloud”) and its subsidiaries on January 14, 2026.
Deal Structure
The acquisition was structured through the following transactions:
- Trident LE, LLC, a wholly-owned subsidiary, merged with and into Coastal Cloud, with Coastal Cloud continuing as the surviving company. This represented the acquisition of 86% of the equity interest in Coastal Cloud.
- TCS North America Corporation acquired the remaining 14% of the equity interest in Coastal Cloud through acquisition of 100% of the equity interest in SCP V-B Blocker III LLC (“SCP Blocker”).
Subsidiary Impact
Following the acquisition, three subsidiaries of Coastal Cloud located in the USA and one in Canada will become indirect subsidiaries of TCS.
Coastal Cloud Details
Coastal Cloud’s turnover for CY24 was USD 132 million. For the last twelve months ending September 2025, the turnover was USD 141 million. Coastal Cloud provides Advisory and AI services, IT, and IT Enabled Services.
Rationale
The acquisition is intended to rationalize the group structure of TCS.
Source: BSE
