We are Certified Business Appraisers (CBA’s) that specialize in the valuation of privately-held companies. We provide our clients with independent business valuation services, most often in the form of a business valuation or business appraisal report. We are based in Phoenix, Arizona, and value companies nationwide.

At Pinnacle Valuations only one valuator, or certified valuation specialist, works on an assignment from start to finish. This lends a consistency of thought and logic throughout the investigation, research, and analysis steps. This is very important: when it is time to make the critical judgment calls about cash flows and risk factors, i.e., the decisions that determine value, the valuator is not relying on assumptions or analysis that is not their own. This continuity of logic and perspective ultimately results in a very cohesive and reliable valuation report.  When you need a professional, don’t hesitate to contact us.

Call for a free consultation:(602) 410 – 0802

Dennis Nisbet, MBA, CBA


Dennis is Pinnacle Valuations’ founder and Director of Valuations. He is a Certified Business Appraiser through the Institute of Business Appraisers and specializes in the valuation of small, privately-held businesses. He has valued companies in a broad range of industries across the United States and for a variety of reasons, including Small Business Administration (SBA) loans, startups seeking an independent opinion of value to provide to potential investors and for buyouts of initial investors, C to S corp conversions, general business planning, and more.

Prior to becoming a business appraiser, Dennis worked as a correspondent for Bloomberg News in Latin America, reporting on financial and economic news events and providing analysis and insight into financial markets. He interacted with high-ranking business leaders and politicians daily. In addition to working as a news correspondent, he also worked for Citigroup in New York City; he formed part of the international operations team and focused on business intelligence and the competitive market space in Latin America. This role included data collection, analysis, synthesis, presentation and recommendations to Citi’s top executives. In addition to his Certified Business Appraiser credential, Dennis holds a Master in Business Administration (MBA) degree from the Thunderbird School of Global Management.

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Scott Gabehart, MIM, CBA, CVA

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Scott is a recognized thought leader in the valuation industry and works as the Chief Valuation Officer for BizEquity, the world’s largest provider of business valuations. He is also the founder of Gabehart Valuation Services, is a Certified Business Appraiser and a published author, having written three books on private company valuation; he also served as an MBA faculty member teaching “Valuation of the Private Firm” at the Thunderbird School of Global Management, the school where he earned his master’s degree.

Scott is well known nationwide in the valuation community and a recognized expert in many areas of private company valuation, including; SBA valuations; Gift and Estate Tax valuations; valuing startups; valuing ESOP’s; fair value reporting, and more.

Because of his stature in the valuation community, he is also regularly sought out by the media for his views and has been interviewed by the likes of the The Wall Street Journal, Business Week, and Forbes, among other notable publications.

In the 1990’s, Scott worked as an M&A specialist, helping hundreds of business buyers and sellers navigate the transaction negotiating process through completion.

He was elected to the Institute of Business Appraisers’ Board of Education in 2009, serving through 2012.

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Call for a free consultation:(602) 410 – 0802

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