Provana, a frontrunner in tech-enabled managed services, has announced its acquisition of Neostella’s staffing and talent business line. This strategic move strengthens Provana’s global delivery capabilities while allowing Neostella to concentrate on legal technology innovation. The acquisition involves team members in Colombia and the United States, marking a new phase in the collaborative relationship between the two companies.
Strengthening Core Competencies
The acquisition is a strategic decision that allows both organizations to focus on their core strengths. Provana plans to enhance its global talent solutions business, which is already robust in India, by establishing a nearshore presence in Latin America. On the other hand, Neostella will continue to innovate in the legal technology sector, focusing on developing next-generation tools that help law firms scale efficiently.
Enhanced Legal Technology Focus
“This move allows us to double down on what we do best: legal technology innovation,” said Matt Lautz, CEO of Neostella. “It also strengthens Neostella’s position as the connective technology empowering law firms with freedom of choice across software platforms. We’re excited to see our exceptional talent and staffing team continue to thrive under Provana’s leadership while we separately focus on developing legal tech solutions that give our clients cutting-edge capabilities, alongside flexibility and control.”
Strategic Collaboration Continues
Provana and Neostella will maintain their strategic collaboration to support shared clients, ensuring continuity and growth across ongoing projects and partnerships. “The acquisition of Neostella’s staffing and talent business deepens our ability to deliver world-class talent solutions on a global scale,” said Sandeep Bhargava, CEO of Provana. “Expanding into Latin America strengthens our reach and creates an even more connected, efficient delivery model that drives meaningful business outcomes for our customers.”
Immediate Transition
The transaction has officially closed, with operations transitioning immediately. Both companies are committed to supporting the success of their employees and customers through this next chapter.
About Provana
Provana is a leading tech-enabled managed services provider specializing in healthcare revenue cycle management, legal services, and credit and collections. Founded in 2011, Provana empowers small and medium-sized organizations with enterprise-grade solutions that optimize processes, reduce costs, and drive measurable business outcomes. Supported by its AI-driven platform, Provana ensures compliance and operational excellence. Learn more at provana.com.
About Neostella
Neostella partners with law firms and enterprises to modernize operations, improve efficiency, and focus on what matters most: their clients. Recognized by Forbes as one of America’s Best Startup Employers and by G2 as a Best Software winner, Neostella supports practice areas from mass tort to veterans affairs to personal injury, helping legal teams work smarter, faster, and with greater freedom.
Media Contacts
– ANNE DANNHAUSEN, for Provana, anne.dannhausen@provana.com
– TAYLOR D’ELISEO, Walker Sands, for Neostella, neostella-pr@walkersands.com
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