TCS completes acquisition of Coastal Cloud Holdings LLC
TCS · price
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TCS has completed acquiring 100 percent of US-based Coastal Cloud Holdings LLC on January 14, 2026. The deal was done in two steps: Trident LE LLC, a subsidiary of ListEngage (itself a TCS subsidiary), merged with Coastal Cloud to acquire 86 percent, and TCS North America Corporation bought the remaining 14 percent via SCP V-B Blocker III LLC. Coastal Cloud offers advisory, AI, and IT services with CY24 turnover of USD 132 million and LTM September 2025 turnover of USD 141 million. Three US and one Canadian subsidiary will become indirect subsidiaries of TCS. The transaction is not a related party deal.
Expands TCS advisory and AI capabilities in North America, adding around USD 141 million in annual revenue. Margin impact not disclosed yet.