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   <dim:field mdschema="dc" element="contributor" qualifier="advisor" lang="en_US">Michael A. Cusumano.</dim:field>
   <dim:field mdschema="dc" element="contributor" qualifier="author" lang="en_US">Lownie, Ken (Ken Earl), 1959-</dim:field>
   <dim:field mdschema="dc" element="contributor" qualifier="other" lang="en_US">Management of Technology Program.</dim:field>
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   <dim:field mdschema="dc" element="description" lang="en_US">Thesis (S.M.M.O.T.)--Massachusetts Institute of Technology, Sloan School of Management, Management of Technology Program, 2000.</dim:field>
   <dim:field mdschema="dc" element="description" lang="en_US">Also available online at the DSpace at MIT website.</dim:field>
   <dim:field mdschema="dc" element="description" lang="en_US">"June 2000."</dim:field>
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   <dim:field mdschema="dc" element="description" qualifier="abstract" lang="en_US">The history of some U.S. service industries includes a period of rapid consolidation through the acquisition of many firms by one or a few competitors. This is often referred to as a "roll-up", with the designation used both as a verb in referring to the process and as a noun in referring to the company doing the acquiring. Roll-ups have become a well-known phenomenon since at least 1971, when Waste Management Corporation commenced an aggressive roll-up of the North American solid waste industry. In this paper, we look at the roll-up phenomenon closely and identify some of the patterns that characterize the process. We examine the history of three U.S. service industries -- solid waste, funeral homes, and landscape maintenance -each of which has experienced (or is experiencing) rapid consolidation through the roll-up process. In our investigation, we identify common characteristics as well as key differences among the three, and investigate the background of the industry, the market forces that appeared to be driving the industry dynamics at the time the consolidation efforts began, the pattern and processes of consolidation, and the results of the consolidation effort. In doing so, we identify potential industry characteristics and elements of the roll-up process that may have been contributing factors in determining the outcomes. The analysis employs several concepts and frameworks from the corporate strategy literature. Chief among these is Porter's five forces model of industry structure (Porter 1980). Additional concepts used to compare and contrast the three industries and the consolidation of each include minimum efficient scale, economies and diseconomies of scale, and inspection and integration issues related to merger activity (Oster 1999).</dim:field>
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   <dim:field mdschema="dc" element="title" lang="en_US">The Pac-Man strategy : roll-up patterns and processes in three industries.</dim:field>
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   	&lt;Title>The Pac-Man strategy : roll-up patterns and processes in three industries.&lt;/Title>
   	&lt;Subtitle>Roll-up patterns and processes in 3 industries&lt;/Subtitle>
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   	&lt;Abstract>The history of some U.S. service industries includes a period of rapid consolidation through the acquisition of many firms by one or a few competitors. This is often referred to as a &amp;quot;roll-up&amp;quot;, with the designation used both as a verb in referring to the process and as a noun in referring to the company doing the acquiring. Roll-ups have become a well-known phenomenon since at least 1971, when Waste Management Corporation commenced an aggressive roll-up of the North American solid waste industry. In this paper, we look at the roll-up phenomenon closely and identify some of the patterns that characterize the process. We examine the history of three U.S. service industries -- solid waste, funeral homes, and landscape maintenance -each of which has experienced (or is experiencing) rapid consolidation through the roll-up process. In our investigation, we identify common characteristics as well as key differences among the three, and investigate the background of the industry, the market forces that appeared to be driving the industry dynamics at the time the consolidation efforts began, the pattern and processes of consolidation, and the results of the consolidation effort. In doing so, we identify potential industry characteristics and elements of the roll-up process that may have been contributing factors in determining the outcomes. The analysis employs several concepts and frameworks from the corporate strategy literature. Chief among these is Porter&amp;apos;s five forces model of industry structure (Porter 1980). Additional concepts used to compare and contrast the three industries and the consolidation of each include minimum efficient scale, economies and diseconomies of scale, and inspection and integration issues related to merger activity (Oster 1999).&lt;/Abstract>
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