Acquisition thesis
The Butchery Roll-Up Thesis
A sourced screen for fragmentation, operating leverage, and the limits of consolidation.
Read the thesisIndependent research desk
Where should acquisition capital look next?
Flynnstone studies fragmented brick-and-mortar and specialty retail markets through an acquirer's lens.
Read the acquisition thesisAnchor research
Start with the frame. Then test it.
Recurring data
Butcher Economics Index
A measured series for pricing, labor, retail signals, and operator economics.
Open the indexLatest research
Operating questions, answered with evidence.
The reviewed launch cohort will appear here after the signed index transition.
Built for diligence
One evidence boundary. Many ways to read it.
Every quantitative claim names its source and locator. Inspect the data catalog, read the editorial policy, or connect through open agent formats.