Lionheart Acquisition Corp II Completes Business Combination with MSP Recovery
May 23, 2022
Lionheart Acquisition Corporation II completed its previously announced business combination with MSP Recovery, LLC, creating MSP Recovery, Inc., which will begin trading on the Nasdaq Global Market under the symbol "MSPR". MSP Recovery is a Medicare, Medicaid, commercial and secondary payer reimbursement recovery leader; the transaction was announced with an implied enterprise value of approximately $32.6 billion and is intended to provide the company access to public markets to scale its data-driven claims recovery capabilities.
- Buyers
- Lionheart Acquisition Corporation II
- Targets
- MSP Recovery, LLC
- Industry
- Healthcare Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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