Sverica Capital Management Announces Sale of Coastal to Tata Consultancy Services for $700 Million
Wednesday, March 4, 2026 · first reported by Flagler News Weekly
Sverica Capital Management sold Coastal to Tata Consultancy Services for $700 million, marking a significant exit from its IT services portfolio. The transaction demonstrates strong exit discipline and capital returns in the software/IT services segment.
- Also named
- Coastal, Tata Consultancy Services
- Deal value
- $700M
- Asset class
- Private equity
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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