Andrew Dunlap is the founder and CEO of Harbor, a Roanoke-based permanent capital firm that acquires and permanently holds Virginia operating businesses. Harbor publishes its Virginia M&A research at data.harbor.capital.
The vast majority of Virginia companies that sell go to out-of-state buyers. In the Roanoke region, the share is 91%. In Southwest Virginia, 89%. In Southside, 84%. The ownership of this economy is leaving faster than the jobs are.
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Over the past year, Virginia has lost more jobs than any other state
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