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CEVP: Exit and Value Realisation

Register for the Certified Exit Value Practitioner

CEVP • Certification

Exit and Value Realisation

Every owner has a number in their head. Almost none of them know which number it is. This is the certification for practitioners who advise private company owners on what their business is worth, what it could be worth, and what stands between the two.

11 modules 9 bonus units 17 interactive instruments Marked file and examination 1-year access
VCII • Credential

What You Will Master

  • The exit equation: separate enterprise value from what actually reaches the owner, and know why roughly a third never arrives
  • The discount register: take a buyer’s multiple apart line by line, name every turn, and reconcile the total to the offer on the table
  • Defensible earnings: adjudicate an add-back schedule rather than transcribe it, and reject a claim with a reason that survives diligence
  • Owner dependence: price the seat that does not exist, and know why hiring and transferring are two activities and not one
  • Route selection: price the same company five ways, and use route as the only lever that reaches what preparation cannot
  • Sequencing: order the plan by lead time against a stated date, and state plainly what will not fit
Quantitative  |  Applied  |  One Case Company  |  Credential

One equation. One company. Thirty three months.

Most exit programmes are a tour of topics. This is one continuous problem, carried from the first module to the last.

Net Proceeds = (Earnings × Multiple − Net Debt) − Costs − Tax − Consideration at Risk
One equation
Five variables. Every module attacks one of them, in the order they bite, and everything lands on net proceeds rather than enterprise value.
One company
You meet Ashgrove Controls in Module 1 with an owner two years from exit, and you are still working on it in Module 10 as the process runs.
Thirty three months
Month zero: enterprise value $53.1m, net to the owner $34.2m. Month thirty three: $86.7m and $59.8m. Of that $25.6m gap, $22.5m was available on day one.
Ashgrove Controls is a constructed case. All figures in millions of dollars, and every one of them reconciles.

8 Reasons to Enrol in CEVP

Built for advisers who are expected to produce a plan an owner can actually execute

1 Sorted by Lead Time, Not Severity

A list ranked by size tells an owner what is wrong. It does not tell them what to do first, and those two orderings rarely agree.

2 It Names What Cannot Be Fixed

Findings that will not clear in the time available are stated separately, with what each one forces: move the date, move the price, or move the route.

3 Net Proceeds, Not Enterprise Value

Buyers negotiate enterprise value and nobody lives on it. Every figure here converts to what actually reaches the owner.

4 You Build the Instruments Yourself

Eleven drills, each starting from a blank state. You are not watching a completed register being explained to you.

5 The Exit Readiness Ledger

A working instrument you take to a client. It prices each finding, bands it against your date, checks the bridge reconciles, and exports a finished document.

6 A Placement Diagnostic First

Fifteen minutes, before Module 1. It tells you which modules you can move through quickly and which you cannot.

7 Worked Answers, Not Just Scores

Forty five practice questions with the reasoning behind every wrong option, so a mistake teaches you something.

8 Everything You Need Is a Calculator

No software to install and no template to buy. A calculator and something to write on. That is genuinely all.

Enrol now and become the adviser who sequences the plan rather than listing the problems.

The Certification

Exit Readiness File
Your ledger applied to a company you choose. Seventy per cent to pass.
50 questions, 75 minutes
Drawn from a bank of 75. Eighty per cent to pass, which is forty of fifty.
Optional faculty interview
Forty five minutes, recorded. It cannot fail you.
A named scope line
The certificate states exactly what was tested, so an employer can read what you demonstrated.

The file passes at the lower mark because it is the harder task, not the lesser one. A paper on material you have just studied should be answered correctly four times in five. Producing a defensible register on a company nobody has pre-digested for you is a different order of difficulty.

Who This Is For

Corporate finance and transaction services professionals, accountants and business advisers working with owner managed companies, operating partners working towards a defined exit, and owners preparing their own business for sale.

You do not need to have run a sale process before. What you need is to be the person an owner asks what the business is worth, and to want a better answer than a multiple from a table. Where a specialist is required, on tax, legal, pension or environmental matters, the course says so plainly. Your role is to identify the item, price the exit consequence, and bring the specialist in early.

Your Access

1 year
Access to the full CEVP course, including every update made in that period
87 lessons
Across twenty seven modules, self paced
No expiry
Your certificate does not expire

No prerequisite. CEVP stands alone and does not require any other VCI Institute credential.

Questions before you buy, write to [email protected]

What it does for your career

A credential you can put under your name, and work you can charge for

Exit readiness is one of the few advisory conversations an owner will pay for before there is a transaction, because the alternative is finding out during diligence when it is too late to act.

Letters under your signature
CEVP on your profile, your proposals and your signature block. The certificate carries a named scope line stating exactly what was tested, so a client can read what you demonstrated rather than guess at it.
A fractional or interim remit
Owners approaching a sale need someone senior two or three days a month across eighteen months. Exit readiness gives you a defined scope, a visible deliverable and a natural end date, which is the easiest kind of fractional role to sell.
Sell-side advisory work
You arrive before the mandate rather than competing for it. The adviser who priced the register and banded the plan is the obvious choice to run the process, and has spent a year earning the trust that decision requires.
Deeper client relationships
For accountants and business advisers, this converts an annual compliance relationship into a multi-year advisory one. The same client, a far larger remit, and a reason to be in front of them quarterly.
Standing in the room
Being able to say what one turn of multiple is worth in dollars, and why a finding is Frozen rather than merely difficult, changes how you are treated in a meeting. You stop describing problems and start pricing them.
A route into operating partner work
Exit readiness is the discipline private equity applies to every holding in its final two years. Demonstrating it is a credible route into an operating partner or portfolio value creation seat, and it pairs directly with COPPE.

On the price

Comparable exit and succession credentials in this field are commonly priced in the low thousands, and several run into five figures once residential attendance and annual renewal fees are counted. CEVP is $399, one time, with no renewal fee and no annual dues.

$399
One time, twelve months of access
$0
Renewal fees, annual dues, or re-certification
No expiry
The certificate does not lapse

The straightforward way to think about it. One exit readiness engagement, at any sensible day rate, covers the cost of this course many times over. The question is not whether $399 is a lot of money. It is whether you would rather be the adviser an owner calls two years before a sale, or the one they call two weeks after they have accepted an offer they did not understand.

We do not name competitor programmes or quote their fees, because those change and we would rather you check them yourself. Compare on what is actually tested, what the certificate states, and what you can do on the Monday after you finish.

Changing Your Mind

Full refund within 7 days of purchase, no questions asked, provided you have not taken any assessment.

Assessments include the Placement Diagnostic in the Start Here module, the three checkpoints, the practice quizzes, and the final examination. Opening a lesson, watching a videocast, running a drill or reading a bonus unit does not affect your refund. Only taking an assessment does.

After 7 days, the sale is final.

The reason for the assessment condition is straightforward. We would rather you attempt things and learn from them than treat a low score as a reason to leave, so the window closes at the point you start being assessed. If you are still deciding, read the Start Here lessons first and take the diagnostic afterwards.

To request a refund, write to [email protected] within 7 days of purchase.