Dec. 5 at 3:39 PM
$MSPR Palantir Technologies has not bought MSP Recovery in a takeover, but rather expanded its stake as an investor and strategic partner. MSP Recovery is also a customer of Palantir's data analytics platform.
Relationship Details
Partnership and Technology: Palantir and MSP Recovery (which operates the LifeWallet brand) have had a strategic partnership since October 2021. MSP Recovery uses the Palantir Foundry platform to analyze healthcare claims data to identify and recover improper payments.
Investment: Palantir holds a significant, but not controlling, stake in MSP Recovery (MSPR, formerly LIFW). As of late 2024 and early 2025, Palantir has made several transactions to increase and adjust its holdings, reaching over 15% ownership at one point.