Acquiring Company
Tata Consultancy Services
Acquired Company
MHP Management- und IT-Beratung GmbH
Pune
Baden WürttembergInformation TechnologyConsultingSoftwareAutomotiveConsultingDescription
Tata Consultancy Services has announced the acquisition of Porsche subsidiary MHP for €320 million (approximately $373 million). This acquisition will establish a center of excellence for Porsche and strengthen TCS's presence in the automotive sector in Europe. MHP's 4,500 employees will join TCS as part of the deal. The transaction is expected to be completed within 3-4 months.
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M&A Insights
Based on deal dataFrequently asked
Who acquired MHP Management- und IT-Beratung GmbH?
MHP Management- und IT-Beratung GmbH was acquired by Tata Consultancy Services, based in Pune. The deal was reported on August 24, 2026. Tata Consultancy Services (TCS) is an Indian multinational information technology services and consulting company, and is a part of the Tata Group. TCS offers a wide range of IT services, digital and business solutions. Tata Consultancy Services is privately held and operates in Information Technology.
When did Tata Consultancy Services acquire MHP Management- und IT-Beratung GmbH?
Tata Consultancy Services's acquisition of MHP Management- und IT-Beratung GmbH was reported on August 24, 2026. Tata Consultancy Services has announced the acquisition of Porsche subsidiary MHP for €320 million (approximately $373 million). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MHP Management- und IT-Beratung GmbH do?
MHP is a leading player in automotive and industrial consulting in Europe. The company specializes in business consulting, digital transformation, and AI, among others. MHP has expertise in SAP transformation and software-defined mobility. It is privately held, operating in Software, and is based in Baden Württemberg.
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