Tata Consultancy Services agreed on 24 August to buy MHP, Porsche AG's management and IT consulting subsidiary, at an enterprise value of €320m.
Why Tata Consultancy Services is buying MHP Management- und IT-Beratung GmbH
TCS said the deal combines MHP's automotive and industrial consulting expertise with its own scale in AI, engineering and technology, and that it will help Porsche industrialise AI at scale. Porsche said the sale is part of its strategy to focus on its core business while gaining TCS as a strategic partner.
“Porsche is taking another important step in its strategy to focus resolutely on its core business with the transfer of MHP to Tata Consultancy Services”
Deal terms and financing
TCS will acquire 100% of MHP at an enterprise value of €320m. MHP will keep its brand and operate as an independent consultancy within TCS. Separately, Porsche signed a five-year strategic contract with TCS and MHP worth about €1.25bn, under which TCS will set up an AI Mobility Centre of Excellence.
Regulatory approvals and timing
The transaction is subject to regulatory and antitrust approvals and is expected to close within three to four months.
Market context
MHP has more than three decades of experience in automotive and industrial transformation, employs about 4,500 people and reported revenue of about €742m in 2025, down from about €830m in 2024.
