New Delhi: Tata Consultancy Services (TCS) has signed a definitive agreement to acquire 100% stake in Coastal Cloud Holdings LLC, a leading US-based Salesforce Summit partner, in an all-cash deal valued at up to $700 million, the IT major said in a regulatory filing.
The board approved the transaction on Wednesday, following which TCS executed the Securities Purchase Agreement and Plan of Merger to bring Coastal Cloud and its subsidiaries under its fold.
The acquisition — one of TCS’s largest in the Salesforce ecosystem — is aimed at strengthening its AI-led, multi-cloud, Salesforce consulting and advisory capabilities across global markets. The deal is expected to close by January 31, 2026, subject to Hart-Scott-Rodino (HSR) antitrust approval in the US.
Boost to Salesforce Practice
Founded in 2012 and headquartered in Florida, Coastal Cloud brings a team of nearly 400 certified Salesforce professionals and a consolidated turnover of $141 million (LTM September 2025). The firm offers deep expertise across Service, Sales, Marketing, Revenue & CPQ, Commerce Cloud, Salesforce Data Cloud, Agentforce, Snowflake, Mulesoft and Tableau.
TCS will acquire the company through its US subsidiary ListEngage MidCo LLC and will simultaneously incorporate two new wholly-owned entities in the US to consummate the transaction.
Aarthi Subramanian, COO, TCS, said the deal is a “pivotal milestone” in advancing TCS’s Salesforce capabilities and accelerating its AI-first transformation agenda. “By adding over 400 multi-cloud specialists with deep industry expertise, we are strengthening our advisory and business consulting capabilities,” she said.
Coastal Cloud’s CEO, Eric Berridge, said joining TCS offers “greater depth, speed and scale” in serving clients and provides a stronger platform for attracting top Salesforce and AI talent.
With back-to-back acquisitions — ListEngage in October and now Coastal Cloud — TCS said it has positioned itself among the top five Salesforce advisory and consulting firms globally.
The acquisition reinforces TCS’s commitment to its largest market, the United States, where it employs a significant workforce and runs major innovation hubs, including its Bringing Life to Things™ Lab in Ohio.
The enterprise-value-based transaction includes upfront and deferred payments, with customary post-closing adjustments for working capital and net debt. TCS will acquire 100% ownership in Coastal Cloud.