Lionheart Acquisition Corp. II (LCAP) to Combine with MSP Recovery in $32.6Bn Deal

Jul 12, 2021 INTEL by Nicholas Alan Clayton

Lionheart II (NASDAQ:LCAP) has entered into a definitive agreement to combine with Medicare billing firm MSP Recovery at an enterprise value of $32.6 billion, or 10.5x its 2023E revenue. Coral Gables, Florida-based MSP has built a proprietary model for identifying and acquiring claims against primary care payers in the healthcare industry that unduly passed costs
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Lionheart Acquisition Corp. II (LCAP) to Combine with MSP Recovery in $32.6Bn Deal

Lionheart Acquisition Corp. II (LCAP) to Combine with MSP Recovery in $32.6Bn Deal

ByNicholas Alan Clayton