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Consulting firms are acquiring dental practices—not as investments but as controlled environments to test operational models and train consultants. We look at the case of McKinsey's acquisition of a multi-location dental group in the Midwest, how they applied lean management to reduce patient wait times by 30%, and why this trend signals a broader shift toward 'living labs' for professional services. Lucas and Luna discuss the economics, the ethics, and whether your dentist might soon be run by consultants.
#ConsultingFirms #DentalPractices #McKinsey #LeanManagement #ProfessionalServices #BusinessStrategy #OperationalExcellence #LivingLabs #HealthcareConsulting #PracticeAcquisition #PatientExperience #ServiceBusiness #BusinessPodcast #FexingoBusiness #ConsultingTrends #DentalIndustry #LeanHealthcare #MidwestBusiness
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Consulting firms have been acquiring businesses left and right—coffee shops, recording labels, even funeral homes. But this episode zooms in on a quieter, more strategic trend: buying boutique software companies purpose-built for specific industries. Lucas and Luna examine the logic behind Bain Capital-backed consulting firms acquiring vertical SaaS platforms, how this creates data moats and recurring revenue, and whether client independence gets compromised in the process. No fluff, just a focused look at one concrete deal: a mid-tier consultancy snapping up a trade compliance platform for the chemical shipping industry. Listeners will walk away understanding why the line between giving advice and selling tools is blurring faster than ever.
#ConsultingFirms #VerticalSaaS #BoutiqueSoftware #BainCapital #ProfessionalServices #MergersAndAcquisitions #DataMoats #RecurringRevenue #ClientIndependence #TradeCompliance #ChemicalShipping #IndustrySpecific #SoftwareAcquisition #ConsultingTrends #BusinessStrategy #FexingoBusiness #BusinessPodcast #ServiceBusinessTalks
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In this episode, Lucas and Luna explore the surprising trend of consulting firms acquiring ice cream shops. They zero in on Bain & Company's recent purchase of a Boston-based ice cream chain for $4.2 million. Lucas explains how this fits into a broader strategy of 'experiential consulting'—firms buying real businesses to test their own theories in real-time. Luna questions whether this is a smart hedge or a distraction from core advisory work. They discuss the economics: ice cream shops have high margins (60-70%) but seasonal cash flow, and how firms use them as living labs for retail analytics, pricing experiments, and staff training. The hosts also touch on the risk of brand confusion when a $10 billion consultancy also runs a scoop shop. A specific, grounded look at a niche but telling development in professional services.
#BainAndCompany #ConsultingFirms #IceCreamShops #ExperientialConsulting #RetailLab #BusinessStrategy #ProfessionalServices #MarginAnalysis #PricingExperiments #StaffTraining #SeasonalCashFlow #BrandRisk #AdvisoryFirms #ServiceBusinessTalks #FexingoBusiness #BusinessPodcast #Consulting #Business
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In this episode, Lucas and Luna explore why top-tier consulting firms are acquiring laundromats. This surprising trend, highlighted by Bain's acquisition of a 12-location chain in Chicago, is about more than diversification. It's a strategic move to gain operational data, test process optimization tools in real time, and build a vertical integration capability. The hosts break down how a laundromat's simple business model—cash flow, predictable revenue, and repetitive processes—makes it an ideal sandbox for consultants to refine their own methodologies while generating steady returns. They also discuss what this means for independent operators and whether other professional services firms will follow suit. Recorded July 17, 2026.
#Consulting #ProfessionalServices #BainAndCompany #Laundromat #VerticalIntegration #BusinessStrategy #DataDriven #ProcessOptimization #CashFlow #IndependentOperators #OperationalExcellence #MergersAndAcquisitions #BusinessPodcast #FexingoBusiness #ServiceBusinessTalks #LucasAndLuna #ChicagoBusiness #SmallBusinessTrends
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In this episode of Service Business Talks, Lucas and Luna explore the surprising trend of consulting firms acquiring roller-skating rinks. They dig into the strategy behind Deloitte's recent purchase of Skate World in Austin, Texas — a $2.3 million deal that raised eyebrows across the professional services industry. Lucas explains how the rink is being rebranded as a 'movement studio' for team-building workshops, client off-sites, and even a venue for pitch rehearsals. Luna questions the ROI and whether this is a genuine diversification play or just a quirky perk. They discuss the numbers — a 15 percent drop in rink attendance nationwide since 2019 versus a 40 percent increase in corporate team-building spending — and how Deloitte plans to flip the model. The episode closes with a reflection on how professional services firms are increasingly looking for physical spaces that foster creativity and human connection in a remote world.
#Consulting #Deloitte #RollerRinks #ProfessionalServices #CorporateStrategy #TeamBuilding #BusinessDiversification #ServiceFirms #MergersAndAcquisitions #WorkplaceTrends #AustinTexas #ClientRelationships #Creativity #RemoteWork #BusinessPodcast #FexingoBusiness #ServiceBusinessTalks #AdFree
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In this episode of Service Business Talks, Lucas and Luna explore the surprising trend of consulting firms acquiring funeral homes. With a focus on the acquisition of Evergreen Memorial Group by a mid-sized strategy consultancy, Lucas breaks down the logic: vertical integration of end-of-life services, stable revenue streams, and cross-selling to high-net-worth clients. Luna questions whether this is a cynical play or a genuine service expansion. They discuss the $20 billion funeral industry's fragmentation, the margin advantages of pre-need contracts, and why consultants are betting on demographic inevitability. A concrete look at how the professional services world is extending its reach into America's last inevitable expense.
#ConsultingFirms #FuneralHomes #VerticalIntegration #EvergreenMemorialGroup #ServiceBusiness #BusinessPodcast #FexingoBusiness #EndOfLifeServices #PreNeedContracts #BainAndCompany #McKinsey #DeathCare #ProfessionalServices #DemographicTrends #RevenueStability #CrossSelling #AcquisitionStrategy #BusinessOfDeath
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In this episode of Service Business Talks, Lucas and Luna explore the unusual trend of consulting firms acquiring dog daycare centers. They focus on the case of McKinsey's 2025 acquisition of a boutique Manhattan daycare chain called K9 Collective, analyzing the strategic logic: capturing client loyalty through pet care, cross-selling corporate wellness programs, and building a physical foothold in urban hubs. They discuss the numbers — K9 Collective had $12 million in revenue and a 40 percent profit margin — and debate whether this is a niche play or a sign of consulting's broader shift toward owning the client's lifestyle. Luna challenges Lucas on whether consultants have any business running doggy daycares, and Lucas argues that the real value is in the data and recurring revenue. The episode ends with a look at how this fits into the pattern of consulting firms buying everything from coffee shops to crematoriums.
#McKinsey #K9Collective #DogDaycare #ConsultingFirms #BusinessStrategy #ClientLoyalty #CorporateWellness #RecurringRevenue #AcquisitionTrend #ProfessionalServices #ServiceBusinessTalks #FexingoBusiness #BusinessPodcast #Consulting #AgencyLife #BoutiqueAcquisition #UrbanHubs #PetCare
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Lucas and Luna explore the surprising trend of consulting firms acquiring private jet operators. They dive into the economics behind these purchases using the example of McKinsey's 2024 acquisition of a European charter fleet. The discussion covers how owning jets reduces travel costs for partner-heavy engagements, allows firms to offer premium client experiences, and creates a new revenue stream by chartering unused hours. Specific numbers like the estimated $150 million annual savings for a top-tier firm and the 40% utilization rate improvement are examined. The hosts also touch on the competitive dynamics and potential risks of such vertical integration in professional services.
#Consulting #PrivateJets #McKinsey #VerticalIntegration #BusinessStrategy #ProfessionalServices #Aviation #CostReduction #ClientExperience #RevenueStreams #CorporateTravel #Charter #BusinessPodcast #FexingoBusiness #ServiceBusinessTalks #Finance #Economics #Strategy
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This episode explores the strategic rationale behind consulting firms acquiring landscaping businesses, using the example of McKinsey & Company's 2025 purchase of BrightView Holdings for $2.8 billion. Lucas and Luna discuss how this vertical integration allows firms to embed themselves deeper in client operations, especially for large-scale infrastructure projects like data centers and airport expansions. They analyze the financial mechanics: landscaping companies have predictable recurring revenue from maintenance contracts, with 70-80% renewal rates, and can cross-sell consulting services. A case study highlights how Deloitte's 2023 acquisition of a regional landscaping firm in Texas led to a 40% upsell of sustainability audits to existing clients. The hosts also touch on the risks of culture clash and margin dilution. The episode includes a brief, integrated discussion of the show's ad-free model and listener support.
#Consulting #Strategy #Landscaping #McKinsey #BrightView #VerticalIntegration #MergersAndAcquisitions #BusinessStrategy #ProfessionalServices #Infrastructure #Sustainability #CrossSelling #RecurringRevenue #Deloitte #ServiceBusiness #BusinessPodcast #FexingoBusiness #ConsultingFirms
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Episode 113 of Service Business Talks explores the surprising trend of consulting firms acquiring crematoriums and funeral homes. Lucas and Luna unpack the data: since 2023, at least seven mid-size consultancies have added death-care services to their portfolios, generating an estimated $45 million in combined annual revenue. They examine the case of McKinsey's acquisition of a crematorium chain in the Pacific Northwest, the operational synergies between funeral services and consulting, and the ethical questions this raises. Is this a logical diversification play or a step too far for the professional services industry? The hosts also discuss how this fits into the broader pattern of consultancies buying non-traditional assets to create steady cash flow and client relationships that last a lifetime — literally.
#ConsultingFirms #Crematoriums #FuneralHomes #DeathCare #McKinsey #ProfessionalServices #Diversification #BusinessStrategy #Acquisition #PrivateEquity #CashFlow #ServiceBusiness #MergersAndAcquisitions #Ethics #RevenueStreams #FexingoBusiness #BusinessPodcast #ServiceBusinessTalks
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