Tata Consultancy Companies (TCS), a worldwide IT companies firm, will purchase 100% stake in Coastal Cloud, a US-based Salesforce Summit Accomplice that makes a speciality of Salesforce consulting, for an all-cash consideration of $700 million.
Based in 2012, Coastal Cloud is a number one multi-cloud Salesforce consulting agency specialising in enterprise-scale transformations. It brings AI-led advisory and enterprise consulting capabilities to assist prospects reimagine gross sales, service, advertising and marketing, income, CPQ, commerce, and Salesforce Knowledge Cloud.
As a Salesforce Summit Accomplice, Coastal Cloud has deep buyer relationships and partnerships. It additionally holds nominations on the Salesforce Accomplice Advisory Board, which permits the agency to assist form product improvements and develop companies required to help new launches.
Salesforce companions are trusted advisors who’re educated and skilled to assist companies meet their organisation’s goals utilizing the Salesforce platform. A summit companion is the highest tier Salesforce companion.
Coastal Cloud is led by Eric Berridge, a Salesforce veteran identified for constructing and scaling category-leading Salesforce companies ventures. Salesforce Ventures has additionally been a strategic investor within the firm.
Coastal Cloud’s buyer portfolio consists of enterprises throughout trade verticals. TCS will acquire entry to the mid-market buyer phase and the synergies created throughout each Coastal Cloud’s and TCS’ shopper bases. With the acquisitions of ListEngage and Coastal Cloud, TCS will grow to be one of many prime 5 Salesforce advisory and consulting companies globally.
“By including over 400 multi-cloud specialists with deep trade experience, we’re strengthening our advisory and enterprise consulting capabilities and enhancing our AI and knowledge choices. We’re delighted to welcome the Coastal Cloud workforce to the TCS household,” mentioned Aarthi Subramanian, Chief Working Officer, TCS.
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