Acquisitions14 Jan 2026, 09:41 pm
Tata Consultancy Services Completes Acquisition of Coastal Cloud Holdings, LLC
AI Summary
Tata Consultancy Services Limited (TCS) has completed the acquisition of 100% equity interest in Coastal Cloud Holdings, LLC, including its subsidiaries. The acquisition was structured in two parts: Trident LE, LLC, a wholly owned subsidiary of ListEngage Midco, LLC, merged with Coastal Cloud, and 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. This acquisition will result in three subsidiaries of Coastal Cloud in the USA and one in Canada becoming indirect subsidiaries of TCS.
Key Highlights
- TCS has completed the acquisition of Coastal Cloud Holdings, LLC and its subsidiaries.
- The acquisition was structured in two parts: a merger and an acquisition of the remaining equity interest.
- This acquisition will result in three subsidiaries of Coastal Cloud in the USA and one in Canada becoming indirect subsidiaries of TCS.
- Coastal Cloud's last twelve months (LTM) turnover as of September 2025 was USD 141 million.
- The acquisition does not fall within related party transactions.