CeriFi, LLC

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CeriFi, LLC - overview

Established

2017

Location

Alpharetta, GA, US

Primary Industry

Education/Training

About

CeriFi, LLC, based in the US, is a provider of educational products and services focused on professional development in financial, legal, and compliance sectors. Founded in 2017, CeriFi, LLC specializes in professional education. The company was acquired by Leeds Equity Partners in July 2017, although financial terms of the transaction were not disclosed. The firm is headquartered in Alpharetta, US.


Christine Barry serves as the CEO. CeriFi specializes in providing a comprehensive suite of educational products and services aimed at enhancing the professional development of individuals in the financial, legal, and compliance sectors. Their core offerings include a range of certification preparation courses, continuing education programs, and tailored corporate training solutions designed to address the specific needs of various professionals. Notable programs include Certified Financial Planner (CFP) education, robust certifications for accounting and tax professionals, and licensing and continuing education for securities and insurance.


The company serves over 1 million learners across more than 5,000 institutions, including prestigious universities such as NYU and Northwestern. CeriFi's products are available in several geographical markets, including the United States and Canada, catering to both individual learners and organizations looking to enhance their workforce capabilities. CeriFi's revenue model primarily revolves around subscription-based access to its extensive library of online courses and resources, alongside customized corporate subscriptions that allow organizations to provide their employees with tailored educational paths. The company generates income from partnerships with educational institutions and organizations that seek to enhance their training offerings, utilizing a B2B transaction structure.


Clients can access on-demand and live courses, with structured pricing plans aligned with the specific needs of different professional designations and certification requirements. The ongoing demand for continuing education and professional certification in the financial and legal sectors positions CeriFi as a key player in this market, facilitating revenue generation through its diverse offerings aimed at enhancing career advancement and professional competence. CeriFi is focusing on expanding its product offerings with new educational programs aimed at financial and legal professionals, with plans to launch these products by the end of 2023. The company also aims to broaden its reach into international markets, particularly targeting regions in Europe and Asia over the next three years.


Recent funding from Leeds Equity Partners will support the development of these new products and facilitate the market expansion efforts.


Current Investors

Leeds Equity Partners

Primary Industry

Education/Training

Sub Industries

Education & Training Services

Website

www.cerifi.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

CeriFi, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedWest LegalEdcenter-
Add-onCompletedThomson Reuters Corporation's Checkpoint Learning-
Add-onCompletedSolomon Exam Prep-
Add-onCompletedOntario Limited-
Add-onCompletedSpidell Publishing, Inc.-

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CeriFi, LLC - employee data

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