Georgia Tech Investment Activity is at just 0.55X U.S. Average
Tuesday, April 9th, 2024
Total new business application volume today is approximately 50% greater than before the pandemic began in early 2020. Google search data has also shown a spike in the search terms “how to sell a business” and “how to buy a business” in recent years. The rapid pace of digital transformation has generated unparalleled demand for online businesses, though the volume of transactions varies by geography.
Using Flippa’s proprietary set of more than 125,000 digital asset sales that occurred on the Flippa.com marketplace between 2016 and 2024, researchers calculated how each state’s total transaction sales volume per capita compared to the U.S. average for both buyers and sellers. States were then ranked accordingly.
These are the key takeaways from the report related to total transaction volume throughout the U.S.:
 |
Source: Flippa marketplace transactions (2016–2024) | Image Credit: Flippa
-
Total M&A Transaction Volume, Buyers: Residents in California, the epicenter of Silicon Valley, lead the pack of digital asset buyers, followed closely by those in Florida. Each state accounts for approximately 14% of total buyer volume. Other top states for buyers include Texas (8.9%), New York (7.3%), and Illinois (6.1%).
-
Total M&A Transaction Volume, Sellers: However, the scenario shifts when examining sellers, where California residents do not dominate transaction volumes to the same extent. Instead, residents from states with lower or no tax implications, such as Florida, Texas, and Washington, command a significantly higher share of total seller volume at 15.8%, 14.2%, and 12.8%, respectively.
And here are the takeaways from the report at a per capita level, focusing on Georgia:
 |
Source: Flippa marketplace transactions (2016–2024) | Image Credit: Flippa
-
Per Capita M&A Transaction Volume, Buyers: From 2016 to 2024, buyer volume per capita in Georgia totaled 0.55X the U.S. average.
-
Per Capita M&A Transaction Volume, Sellers: Meanwhile, seller volume per capita was at 2.42X the national average.
-
Rank: In terms of per capita M&A transaction volume by state, Georgia ranks 28th in the U.S. in buyer volume, and 7th in the U.S. in seller volume.
For the full report: https://flippa.com/blog/
