Galaxy formation seems to be linked to black holes, perhaps black holes spit out the dust and gas and everything else and the galaxies form. A black hole may spit out ample matter in one go, who knows, I know black holes are sucking machines but they vety much can spew stuff out because of some wild interactions among various things inside of it.
Yes, that would be multi-pathway cyclic, as opposed to one track bb->bh>bb>bh . . . . . . much though I dislike the term, that could be described as multiverse. I would prefer the term multi-component, as opposed to multi-phase.