New Delhi: Tata Consultancy Services (TCS), India’s largest IT services exporter, on Tuesday said it has completed the acquisition of Coastal Cloud Holdings, LLC, a US-based advisory and AI services company, strengthening its capabilities in cloud-led digital transformation and enterprise technology services.
The acquisition was completed on January 14, 2026, following earlier disclosures made to stock exchanges in December last year. With this, Coastal Cloud and its subsidiaries have become part of the TCS group, expanding the company’s footprint in North America, its largest revenue-generating market.
As part of the transaction structure, Trident LE, LLC—an indirect wholly owned subsidiary of TCS—merged with and into Coastal Cloud, resulting in the acquisition of an 86% equity stake. The remaining 14% stake was acquired through TCS North America Corporation via the purchase of SCP V-B Blocker III LLC, a special-purpose entity holding minority interest in Coastal Cloud.
Coastal Cloud, which focuses on advisory, AI, IT and IT-enabled services, reported a turnover of $132 million in calendar year 2024, while its last-twelve-month revenue stood at $141 million as of September 2025, according to regulatory disclosures.
TCS said the transaction does not qualify as a related-party deal and that promoters or promoter group entities do not have any interest in SCP Blocker. The consideration forms part of the aggregate enterprise value agreed upon between the parties, though the company did not disclose the financial details of the deal.
Following the acquisition, three US-based subsidiaries and one Canadian subsidiary of Coastal Cloud will become indirect subsidiaries of TCS, further deepening its delivery and client engagement capabilities across key overseas markets.
The company said the merger is also aimed at rationalising group structure while aligning with its broader strategy of expanding high-margin digital, AI and cloud services amid sustained demand from global enterprises