Tata Consultancy Services Acquires Coastal from Sverica for $700 Million
December 10, 2025
Tata Consultancy Services (TCS) has acquired Coastal (formerly Coastal Cloud), a Palm Coast, Florida–based Salesforce, data and AI consultancy, from Sverica Capital Management for $700 million. The deal brings Coastal's ~600+ professionals and Salesforce-led transformation capabilities into TCS's global platform to strengthen TCS's Salesforce and AI-led services while retaining Coastal's brand and operating model.
- Buyers
- Tata Consultancy Services Limited
- Targets
- Coastal (Coastal Cloud Holdings, LLC)
- Sellers
- Sverica Capital Management LP
- Industry
- IT Services
- Location
- Florida, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Cornerstone Advisors Acquires Coastline Analytics
August 31, 2021
Data & Analytics
Cornerstone Advisors, a Scottsdale-based management and technology consulting firm, has acquired Coastline Analytics, a Florida-based advanced analytics consultancy focused on community banks and credit unions. Coastline co-founder Steven Simpson joins Cornerstone to lead its Data Science Division as the firm expands its analytics, machine learning, and data science capabilities for financial services clients.
-
CrossCountry Consulting Acquires SCS Cloud
November 1, 2024
IT Services
CrossCountry Consulting has acquired SCS Cloud to expand its NetSuite and cloud-based ERP capabilities. The acquisition brings SCS Cloud’s team of 100+ NetSuite specialists into CrossCountry, strengthening its ERP services and expanding its presence in Florida and the U.K.
-
Tata Consultancy Services Acquires ListEngage
October 9, 2025
IT Services
Tata Consultancy Services (TCS) has acquired 100% of ListEngage, a Framingham-based Salesforce consultancy, strengthening TCS' Salesforce, Marketing Cloud and AI advisory capabilities. The acquisition adds more than 100 professionals (and 400+ Salesforce certifications) to TCS' Enterprise Solutions unit in the United States; one source reports a transaction value of $72.8 million.
-
IBM Acquires 7Summits from Sverica Capital Management
January 11, 2021
IT Services
IBM acquired 7Summits, a Milwaukee-based Salesforce digital solutions consultancy, from Sverica Capital Management. The acquisition adds Salesforce consulting, experience design and application development capabilities to IBM Global Business Services to support its hybrid cloud and AI strategy; financial terms were not disclosed.
-
Accenture Acquires CS Technology
July 1, 2021
IT Services
Accenture has acquired CS Technology, a New York–headquartered infrastructure transformation and cloud engineering firm. The deal (terms not disclosed) adds more than 100 professionals to Accenture and expands the capabilities of Accenture Cloud First in hybrid cloud, data center and modern workplace infrastructure engineering.
-
Vista Equity Partners and Evergreen Coast Capital Acquire Citrix Systems and Combine it with TIBCO Software
September 30, 2022
Software
Vista Equity Partners and Evergreen Coast Capital completed the $16.5 billion acquisition of Citrix Systems, with Citrix shareholders receiving $104.00 per share. The buyers plan to combine Citrix with Vista portfolio company TIBCO Software to create a scaled enterprise software provider focused on secure digital workspaces, data management and accelerating Citrix’s SaaS transition.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.