M&A Deal Summary

TCS Acquires Coastal Cloud

On December 10, 2025, TCS acquired information technology company Coastal Cloud from Sverica for 700M USD

Acquisition Highlights
  • This is TCS’s 11th transaction in the Information Technology sector.
  • This is TCS’s largest (disclosed) transaction.
  • This is TCS’s 3rd transaction in the United States.
  • This is TCS’s 1st transaction in Florida.

M&A Deal Summary

Date 2025-12-10
Target Coastal Cloud
Sector Information Technology
Buyer(s) TCS
Sellers(s) Sverica
Deal Type Add-on Acquisition
Deal Value 700M USD

Target

Coastal Cloud

Palm Coast, Florida, United States
Coastal Cloud is a Salesforce Platinum consulting partner that provides implementations and managed services to assist clients in migrating to next-generation systems. Coastal Cloud was founded in 2012 and is based in Palm Coast, Florida.

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Buyer(S) 1

Buyer

TCS

Mumbai, India

Category Company
Founded 1968
Sector Information Technology
Employees607,979
Revenue 2.55T INR (2025)
DESCRIPTION

TCS is a provider of IT and consulting services. TCS was founded in 1968 and is based in Mumbai, Maharashtra.


DEAL STATS #
Overall 16 of 16
Sector: Information Technology M&A 11 of 11
Type: Add-on Acquisition M&A Deals 13 of 13
State: Florida M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2025 M&A 2 of 2
Size (of disclosed) 1 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-09 ListEngage

Framingham, Massachusetts, United States

ListEngage is a salesforce integrator and implementation consultant. ListEngage is based in Framingham, Massachusetts.

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Seller(S) 1

SELLER

Sverica

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2001
PE ASSETS 2.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Sverica Capital Management is a private equity firm that invests in stable or growing, smaller companies with valued less than $250 million. Sverica looks to commit $25 to $75 million per transaction and primarily targets buyout or divestiture situations and avoids businesses in need of restructuring. Broad areas of interest include IT, business services, healthcare, light manufacturing, and industrials. The Firm generally seeks majority control investments, but will also selectively consider minority situations. Sverica Capital Management was formed in 2001 and has offices in Boston and San Francisco.


DEAL STATS #
Overall 28 of 28
Sector: Information Technology M&A 7 of 7
Type: Add-on Acquisition M&A Deals 15 of 15
State: Florida M&A 1 of 1
Country: United States M&A 24 of 24
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-09 Raken

Carlsbad, California, United States

Raken is a field-first construction management platform built to streamline all critical field workflows – from daily reports, to time and production tracking, resource scheduling, safety management, RFIs and more. Real-time information flows from field to office so teams stay aligned, data becomes more reliable, and decision making improves. Its simple mobile experience, powerful integrations, and industry-leading support, help contractors save time and money, reduce risk, and keep projects on track. Raken is based in Carlsbad, California.

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