TCS to Acquire Coastal Cloud in $700 Million All-Cash Deal
The purchase advances TCS’s push to scale Salesforce expertise with AI-led consulting.
Overview
- TCS signed a definitive agreement to buy the US-headquartered Salesforce consultancy via its subsidiary ListEngage MidCo.
- The company expects the transaction to close by January 2026, subject to customary conditions.
- TCS says the addition of Coastal Cloud and the earlier ListEngage deal will place it among the top five Salesforce advisory firms globally.
- The acquisition brings over 400 multi-cloud specialists to strengthen advisory capabilities and enhance AI and data offerings.
- Coastal Cloud, founded in 2012 in Florida, reported $132 million in 2024 revenue and $141 million for the last twelve months to September 2025, as TCS shares slipped 0.63% on the BSE after the announcement.