Tata Consultancy Services Completes Acquisition of Coastal Cloud
Filing Summary
Tata Consultancy Services Limited (TCS) has completed the acquisition of Coastal Cloud Holdings, LLC, including its subsidiaries, as of January 14, 2026. The acquisition was executed through a merger and equity purchase, involving Trident LE, LLC and TCS North America Corporation, both wholly owned subsidiaries of TCS. Coastal Cloud, which reported a turnover of USD 141 million for the last twelve months ending September 2025, will now operate as a part of TCS. This transaction does not involve related party transactions and does not affect the shareholding pattern of TCS.
Tata Consultancy Services Limited (TCS) has informed the exchange about the completion of its acquisition of Coastal Cloud Holdings, LLC on January 14, 2026. This acquisition was conducted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The acquisition involved two primary components. Firstly, Trident LE, LLC, a wholly owned subsidiary of ListEngage Midco, LLC, merged with Coastal Cloud, resulting in Coastal Cloud continuing as the surviving entity. This merger accounted for 86% of the equity interest in Coastal Cloud. Secondly, TCS North America Corporation, another wholly owned subsidiary of ListEngage, acquired the remaining 14% equity interest by purchasing 100% of the equity in SCP V-B Blocker III LLC. SCP Blocker, formed in May 2020, holds the 14% equity interest in Coastal Cloud and does not have other operations or assets.
Coastal Cloud, which specializes in advisory and AI services, IT, and IT-enabled services, reported a turnover of USD 141 million for the last twelve months ending September 2025. The acquisition does not fall under related party transactions, and the promoter or promoter group of TCS does not have any interest in SCP Blocker. Additionally, three subsidiaries of Coastal Cloud in the USA and one in Canada will become indirect subsidiaries of TCS.
The acquisition aims to rationalize the group structure of TCS. The transaction does not involve any change in the shareholding pattern of TCS. The details of the acquisition are available on the company’s website.
Tata Consultancy Services is a global leader in IT services, consulting, and business solutions. The company focuses on delivering innovative solutions and services to clients worldwide, leveraging its extensive industry expertise and technological capabilities.