Tata Consultancy Service (TCS) said it has signed a deal to acquire 100% stake in Coastal Cloud, a U.S.-based Salesforce Summit firm that specializes in Salesforce Consulting for all-cash consideration of $700 million.
Coastal Cloud, which was founded in 2012 is a multi-cloud Salesforce consulting firm, specializing in enterprise-scale transformations. They bring AI-led advisory and business consulting capabilities to help customers reimagine Sales, Service, Marketing, Revenue, CPQ, Commerce and Salesforce Data Cloud. It also focuses on building customer relationships and partnership as a Salesforce Summit Partner.
Aarthi Subramanian, Chief Operating Officer, Tata Consultancy Services, said, “This acquisition marks a pivotal milestone in advancing our global Salesforce capabilities and accelerating our AI-led transformation agenda. It is another significant step towards realizing TCS’s vision of becoming the world’s largest AI-led Technology Services company.”
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Meanwhile, Eric Berridge, CEO, Coastal Cloud, said, “This is an exciting new chapter for Coastal Cloud, and joining TCS enables us to serve our customers’ evolving needs with even greater depth, speed, and scale. Our team’s Salesforce and multi-cloud expertise, combined with TCS’ global reach, advanced AI capabilities and enterprise scale solutions, will allow us to support customers across a broader spectrum of transformation needs. Together, we can design solutions, modernize complex processes, and unlock new value across industries globally.”
Vikram Karakoti, Global Head, Enterprise Solutions, Tata Consultancy Services said “Coastal Cloud’s multi-cloud capabilities strongly complement TCS’ existing Salesforce strength, and together with ListEngage’s expertise, we are poised to build a world-class Salesforce practice to deliver full-stack, custom solutions globally. These two acquisitions expand our geographic presence, deepen our sector capabilities, and significantly strengthen our talent pool, giving us confidence to meet our aspirations and support clients’ agendas in a rapidly evolving technology landscape.”
He added that TCS remains “fully committed to our existing customers, ensuring continuity, consistency, and excellence in service delivery.”
According to TCS, this acquisition enhances the company’s global salesforce aspirations by bringing together comprehensive, multi-cloud Salesforce expertise across industries globally. TCS also says it is now better equipped to deliver stronger client outcomes and accelerate growth across all key global markets. The company also continues to pursue the M&A agenda aligned with its core priorities in AI, Cloud, Cybersecurity, Digital Engineering and Enterprise Solutions, according to the company.
TCS also says the acquisition reinforces its commitment to its customers in the United States, which is the largest market for the organization globally. The deal is subject to conditions precedent and regulatory approvals.