The Prochant Longshore Capital investment sees Prochant Healthcare, Inc. receive a strategic investment from Longshore Capital Partners, a US-based private equity firm. The cross-border transaction engaged four law firms across two jurisdictions, with both global and India-specific counsel deployed on each side. The deal was announced on July 23, 2026, as part of Prochant’s strategic growth partnership to support the company’s next phase of growth.
Introduction
Prochant is a US-based technology-enabled revenue cycle management partner for home-based care providers. The company is headquartered in Charlotte, North Carolina. Longshore Capital Partners is a private equity firm focused on investing in and scaling lower middle-market businesses across the United States, partnering with founder- and entrepreneur-led companies to support organic growth and strategic acquisitions.
Longshore emphasises investments in technology-enabled, service-based businesses operating in large, fragmented markets, with a commitment to long-term value creation and collaborative management partnerships. The transaction had both a global dimension and an India leg, requiring separate legal representation at each level. Prochant’s existing management team will continue to lead the company and execute its strategic vision, with Longshore providing additional resources, experience, and strategic support.
Legal Teams Involved
Four law firms advised across the global and India legs of the transaction. Readers tracking deal counsel activity can also follow our Deal Meter for the latest mandates.
Advising Prochant — India Leg
ALMT Legal, Bangalore advised Prochant on the India leg of the transaction. The transaction was led by Dhanya Menon (Senior Partner) and Junia Sebastian (Senior Partner), with support from Associates Prakhar Agarwal and Surabhi Srinivasan.
- Dhanya Menon — Senior Partner
- Junia Sebastian — Senior Partner
- Prakhar Agarwal — Associate
- Surabhi Srinivasan — Associate
Advising Longshore Capital Partners — India Leg
Shardul Amarchand Mangaldas & Co advised Longshore Capital Partners on the India leg of the transaction. The transaction was led by Aditi Sharma (Partner) and Aditya Sinha (Senior Associate).
- Aditi Sharma — Partner
- Aditya Sinha — Senior Associate
Advising Prochant — Global Transaction
Greenberg Traurig advised Prochant on the overall global transaction.
Advising Longshore Capital Partners — Global Transaction
McDermott Will & Schulte represented Longshore Capital Partners on the overall global transaction.
Significance and Impact
The transaction is structurally notable for its dual-jurisdiction legal architecture, with each party retaining independent counsel at both the global and India levels — a configuration that reflects the cross-border complexity inherent in US-headquartered healthcare technology investments with India-facing operations or interests.
The funding from Longshore will be invested in enhancing client experiences and improving client outcomes; advancing technology, analytics, artificial intelligence and automation capabilities; expanding service capacity and operational scale; developing additional revenue cycle solutions for home-based care providers; recruiting, developing and retaining industry and technology talent; and pursuing growth opportunities in its core markets.
Longshore Capital Partners invests in businesses with differentiated positions in specialised service markets, and Prochant’s track record managing complex billing and reimbursement workflows for home health providers attracted the firm to the deal. The investment preserves Prochant’s existing leadership and operational culture while adding capital and PE resources to accelerate growth in the home-based care RCM market.
The mandate is also a visible cross-border instruction for both ALMT Legal and Shardul Amarchand Mangaldas & Co, underscoring the growing role of Indian counsel in structuring the domestic legs of US-originating private equity transactions in the healthcare technology sector.
The strategic investment in Prochant by Longshore Capital Partners marks a significant capital event in the US home-based care revenue cycle management space. The partnership is designed to support stronger client outcomes while preserving the leadership, culture, and client focus that have defined Prochant’s success. With four law firms spanning two jurisdictions, the deal reflects the increasingly cross-border nature of healthcare technology private equity and the deepening role of India-based counsel in such transactions.
Disclaimer: This article is for informational purposes only and does not constitute legal advice. It is based on the details provided and publicly available sources.
