Lifco: Feeding the thousand-headed M&A dragon – Redeye


Redeye initiates coverage of Lifco, an increasingly sector-agnostic serial acquirer. Considering the company’s growing operating cash flows, we believe the most critical factors in its investment case are the building of its organisation and scaling up of M&A volume. We see Lifco evolving to accommodate an increasing number of M&A deals and subsidiaries, boding well for its future growth prospects.