FORT WORTH, Texas (Sept. 15, 2020)—VERTESS mergers and acquisitions (M&A) advisory firm announced that David Coit, Jr., Finance + Valuation Director, recently earned the Certified Business Exit Consultant Designation from the International Exit Planning Association (IEPA). The Certified Business Exit Consultant (CBEC) Designation is a significant achievement and further establishes Coit as one of the elite exit planners in the marketplace today.
"I'm excited to now offer our business clients exit planning as an additional value-added consulting service along with business valuation, value growth and M&A consulting. Business owners who plan their exit are more likely to achieve their goals than those who don't," Coit said.
To receive the CBEC designation, Coit completed the high-level nine-week training program that required 30+ hours of pre-course study, 32 hours of extensive, leading edge curriculum taught by top expert instructors in their respective fields as well as the successful completion of the final exam. As an additional requirement for the CBEC Designation, Coit delivered an exit plan to an owner and submitted that plan to the IEPA's Certification committee for review. The quality and the brand of the IEPA's CBEC designation requires this type of process. Holding graduates to this standard ensures the IEPA that any advisor in the marketplace with the CBEC designation has not only gone through their extensive certification course and pre-work, but they have also taken an owner through this process and delivered the type of solution that the IEPA expects from their advisors.
Coit also has certifications as a Certified Valuation Analyst, Certified Value Growth Analyst, and Certified Mergers & Acquisition Advisor. David earned his Doctorate in Business Administration from Walden University, with a specialization in Corporate Finance, an MBA from Keller Graduate School of Management, and a Bachelor's degree in Economics from Northern Illinois University. The field of study for his doctoral dissertation was business valuation. David has over 30 years of commercial finance experience, having worked in senior level management positions at two fortune 500 companies. During his career, David has analyzed the financial condition of thousands of companies throughout the United States.
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