Tata group’s IT company, Tata Consultancy Services (TCS) announced on Wednesday that it is all set to acquire AI services and advisory firm Coastal Cloud. This would be an all cash deal worth Rs 6292 crore, and it is anticipated to be completed by January 31, 2026.
Coastal Cloud valued at $700 million
The company informed in its stock exchange filing that the enterprise value of Coastal Cloud is nearly $700 million. However, the company said that the usual post-closing adjustment related to net debt has not been included. TCS said that the acquisition will take place through its wholly owned subsidiary in the United States, ListEngage MidCo LLC.
Salesforce summit partner profile
Coastal Cloud Holdings is a sales force summit partner and it is also a portfolio company of Salesforce ventures. The company provides services like consulting, implementation, and managed services across many Salesforce cloud platforms. Among these platforms, Service Cloud, Sales Cloud, Marketing Cloud, Revenue and CPQ Cloud, and Commerce Cloud are included.
Coastal Cloud has robust capabilities related to data and AI. It implements and integrates platforms like Coastal Cloud Agentforce, Salesforce Data Cloud, Snowflake, Mulesoft, and Tableau, while enabling enterprise customers to offer end-to-end solutions.
Financial profile of Coastal Cloud
The consolidated turnover of Coastal Cloud for the financial year ending December 2024 was $132 million. For the last 12 months (LTM) up to September 2025, it surged to $141 million. The company hires at least 400 Salesforce-skilled professionals.
This would be second acquisition in three months
The company is going to make a second acquisition in less than three months. Earlier in October, the company had declared the acquisition of US-based ListEngage MidCo and its subsidiary ListEngage LLC for $72.8 million.
Reason behind acquiring Coastal Cloud
Coastal Cloud is believed to be one of the largest pure-play Salesforce partners. It was founded in December 2012 and headquartered in Florida. The company has vigorous advisory capabilities, multi-cloud offerings, and deep expertise in AI and Agentforce.
