TCS to Acquire Porsche’s MHP for €320 Million, Signs €1.25 Billion Deal

Tata Consultancy Services (TCS) to acquire MHP Management- und IT-Beratung GmbH, Porsche AG’s management and IT consulting subsidiary, for an enterprise value of €320 million.

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The deal is part of a wider five-year partnership under which Porsche has committed €1.25 billion to TCS and MHP.

TCS to Acquire 100% of MHP

Tata Consultancy Services will acquire 100% of MHP through its wholly owned subsidiary, TCS Netherlands B.V. The transaction will be completed through cash consideration and remains subject to regulatory and antitrust approvals. TCS expects the acquisition to close within three to four months.

MHP is an automotive and industrial consulting company headquartered in Ludwigsburg, Germany. It provides services across business consulting, AI, SAP, manufacturing digitalisation, supply chain, connected and software-defined mobility.

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The company has around 4,500 employees worldwide and reported turnover of about €742 million in calendar year 2025. MHP operates across several markets, including Germany, the UK, Romania, the US, India and Mexico.

Key details of the transaction include:

• Tata Consultancy Services will acquire 100% of MHP for an enterprise value of €320 million.
• MHP will remain a distinct brand and consulting firm within TCS.
• MHP has around 4,500 employees worldwide.
• The acquisition is expected to close in three to four months, subject to approvals.

Five-Year Porsche Partnership

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Alongside the acquisition, Porsche has committed €1.25 billion over five years to TCS and MHP for technology and consulting services. The agreement will focus on using AI across Porsche’s engineering, manufacturing, operations and customer experience functions.

The partnership will also cover next-generation automotive technology and software-defined mobility platforms. TCS will set up an AI Mobility Centre of Excellence for Porsche as part of the agreement.

For TCS, the acquisition adds MHP’s automotive and industrial consulting capabilities and expands its presence in the European market. From an HR perspective, the transaction brings around 4,500 MHP employees into the TCS group, although the companies have not announced any specific changes to MHP’s workforce.

The deal comes as AI is changing the Indian IT services industry, with clients reviewing traditional technology spending and outsourcing models. Reuters reported that India’s IT industry, valued at about $315 billion, is facing pressure as companies reassess technology budgets amid the wider adoption of AI.

Final Words

The TCS-MHP deal strengthens TCS’s presence in automotive and industrial consulting while adding MHP’s 4,500-strong workforce to the group.

The separate €1.25 billion Porsche partnership also gives TCS and MHP a larger role in AI, engineering and software-defined mobility, as demand for technology services continues to change.