PROFESSIONAL CREDENTIALS & EXPERIENCE

Joshua Himan
Business Valuation & Transaction Advisory Professional

Joshua Himan is the Founder and CEO of Business Valuation Advisors, Inc. and a Certified Valuation Analyst with more than 15 years of experience analyzing privately held businesses, acquisitions, and financial performance.

His work includes business valuation, Quality of Earnings, transaction analysis, financial forensics, appraisal review, economic damages, and specialized private-company advisory assignments. 

CVA® | BCA® | CMEA® | FMVA®

15+ Years of Private-Business Analysis • M.S. Applied Economics • M.S. Finance

  • Independent analysis for attorneys, business owners, investors, and lenders
  • Experience across ownership buyouts, SBA acquisitions, tax, startup/IP, and retirement-plan matters
  • Traceable, evidence-based analysis with source-linked schedules

Schedule a Confidential Consultation View Client Reviews & Selected Engagements

PROFESSIONAL EXPERIENCE
Private-Company Valuation, Financial Analysis & Transaction Advisory
Business & Ownership Valuation

Closely held businesses, partner and shareholder buyouts, internal ownership transfers, minority interests, tax matters, and other private-company valuation assignments.

Quality of Earnings & Transaction Diligence

Normalized EBITDA and SDE, Proof of Cash, working capital, revenue quality, financial reconstruction, debt capacity, and acquisition-focused diligence.

Litigation, Disputes & Appraisal Review

Business valuation, economic damages, financial tracing, rebuttal analysis, and review of valuation methods, assumptions, adjustments, and supporting evidence.

Specialized Valuation Assignments

Startup and intangible assets, software and technology, machinery and equipment, retirement-plan matters, financial reporting, and other specialized interests.

SELECTED COMPLEX ENGAGEMENT EXPERIENCE
Representative Valuation & Advisory Assignments
Personal Goodwill Valuation

Pest-control asset transaction. Shareholder-level personal goodwill analysis addressing founder relationships, personal versus enterprise goodwill, restrictive covenants, transition services, and a with-and-without income analysis.

Retirement-Plan / ROBS Wind-Down

Prospective valuation for retirement-plan termination and stock distribution involving an operating company, asset-holding subsidiary, related-party normalization, adjusted net assets, settlement assumptions, and consolidated equity reconciliation.

Internal Ownership Buyout

Specialty construction-materials distributor. 50% ownership-interest analysis addressing maintainable earnings, replacement owner compensation, Market and Income Approaches, and transaction-specific pro-rata treatment.

Owner Sale Planning

Equipment-intensive operating business. Detailed valuation incorporating private-company transaction evidence, owner-operated SDE, equipment and reinvestment economics, lease exposure, operating liquidity, and enterprise-to-equity reconciliation.

Valuation & Appraisal Review

Regulated career-education business. Independent valuation plus separate appraisal-review assignments addressing normalized compensation, related-party occupancy, regulatory risk, market evidence, transaction chronology, and disputed valuation assumptions.

Pre-Revenue Medical Device & IP

Asset/Cost Approach analysis involving patents, clinical and development data, manufacturing know-how, equipment, inventory, receivables, obsolescence, and identified liabilities.

Software & Intangible Asset Valuation

AI and education technology. Fair-value analysis of an income-producing intangible asset bundle incorporating subscriber churn, recent run rates, founder-channel dependence, market multiples, and a discounted cash-flow cross-check.

Litigation, Damages & Ownership Matters

Valuation, rebuttal, lost-profits, divorce, shareholder, and partner-buyout assignments across SaaS, construction, healthcare, logistics, real estate technology, and other privately held businesses.

ACQUISITION & TRANSACTION EXPERIENCE

Extensive Experience Across Private-Company Acquisitions & Transactions

In addition to the representative complex assignments above, BVA has valued and analyzed hundreds of privately held businesses for acquisition entrepreneurs, private-equity and strategic buyers, sellers, lenders, and business owners.

Engagements have included buy-side and sell-side Quality of Earnings, SBA acquisition diligence, Proof of Cash, SDE and EBITDA normalization, working-capital analysis, DSCR and debt-capacity review, acquisition modeling, business valuation, and transaction-structure analysis.

Explore Acquisition & SBA Valuation Services Explore Quality of Earnings Services

Buy-Side & Sell-Side QoE • SBA Acquisition Support • Valuation & Deal Modeling

PROFESSIONAL CREDENTIALS

Credentialed Valuation & Financial Analysis Professional

Joshua Himan is a Certified Valuation Analyst (CVA®) through the National Association of Certified Valuators and Analysts and holds additional credentials spanning business appraisal, machinery and equipment valuation, financial modeling, bookkeeping, turnaround analysis, and small-business consulting.

CVA® — Certified Valuation Analyst with the National Association of Certified Valuators and Analysts. 

BCA® — Business Certified Appraiser
CMEA® — Certified Machinery & Equipment Appraiser
FMVA® — Financial Modeling & Valuation Analyst
PB® — Professional Bookkeeper
QS® — QuickBooks Specialist
PGE® — Profit and Growth Expert
CTA® — Certified Turnaround Analyst
ASBC® — Accredited Small Business Consultant

Verify CVA® Credential

EDUCATION & ACADEMIC BACKGROUND
Graduate Education in Economics & Finance
Johns Hopkins University

Master of Science in Applied Economics
Graduate study focused on applied economic analysis, forecasting, quantitative decision-making, and the interpretation of economic conditions relevant to businesses and markets.

The George Washington University

Master of Science in Finance
Graduate finance education supporting valuation, corporate finance, financial modeling, capital structure, investment analysis, and transaction advisory work.

Radford University

Bachelor of Business Administration in Finance
Undergraduate foundation in finance, accounting, business analysis, and corporate decision-making.

ADDITIONAL ACADEMIC CERTIFICATES
Specialized Study Supporting Valuation & Financial Analysis
Johns Hopkins University

Certificate in Forecasting in Organizations: Additional academic study in forecasting, analytical decision-making, and organizational planning.

New York University

Certificate in Real Estate Finance and Investment: Specialized study in real estate finance, investment analysis, valuation, and capital structure.

PROFESSIONAL DEVELOPMENT & PRACTICAL TRAINING
Continuing Education Across Valuation, Financial Analysis & Transactions

Joshua maintains ongoing professional development across business valuation, private-company financial analysis, transaction diligence, acquisition financing, and related advisory disciplines. His continuing education combines formal valuation training with practical study of how privately held businesses are analyzed, financed, acquired, and transitioned.

  • Professional Valuation Education - Continuing professional education through NACVA and specialized study in business valuation, financial analysis, professional standards, valuation methodology, and related private-company valuation disciplines.
  • Acquisition & Transaction Training - Practical acquisition training spanning deal analysis, financial statements, cash flow, financing, due diligence, negotiation, deal structure, transaction execution, closing, and post-acquisition ownership considerations.
  • Financial Analysis & Due Diligence - Ongoing study of income statements, balance sheets, cash-flow forecasting, financial modeling, financial and commercial due diligence, lender analysis, and transaction-risk assessment.

PROFESSIONAL ACTIVITIES & ANALYTICAL TOOLS

Building Better Tools for Private-Company Valuation & Analysis

Beyond individual valuation and advisory engagements, Joshua develops valuation tools, educational resources, analytical frameworks, and practitioner-focused systems designed around the financial realities of privately held businesses.

His work combines formal valuation methodology with practical transaction experience, financial modeling, diligence procedures, and repeatable analytical processes.

  • Biz Valuator Pro - Founder and developer of Biz Valuator Pro, a private-company valuation and financial-analysis platform incorporating multiple valuation methodologies, financial normalization, Quality of Earnings analysis, and report-development tools.
  • Valuation Education - Develops practitioner-focused valuation and financial-analysis education through ValuationAdvisor.com and Sutton Capital, translating valuation concepts into practical frameworks for business owners, acquisition entrepreneurs, and financial professionals.
  • BVA Analytical Systems - Develops proprietary workbooks, diligence procedures, financial-analysis models, valuation report frameworks, and Quality of Earnings tools used to improve consistency, traceability, and analytical depth across BVA engagements.
  • Valuation Reference Library - Maintains an expanding professional reference library covering valuation methodology, transaction analysis, financial forensics, industry research, professional standards, and specialized valuation assignments.

REPRESENTATIVE INDUSTRY EXPERIENCE
Experience Across a Broad Range of Privately Held Businesses
Construction & Home Services
HVAC, plumbing, roofing, specialty contracting, building products, maintenance businesses, and other skilled-trade and home-service companies.
Healthcare & Professional Services
Healthcare practices, behavioral-health providers, professional services, consulting firms, education businesses, and other people-intensive organizations.
Software, SaaS & Technology
SaaS platforms, software businesses, technology companies, mobile applications, internally developed software, and intellectual-property-driven enterprises.
Manufacturing & Distribution
Manufacturers, distributors, specialty materials businesses, equipment-intensive operations, and companies with meaningful inventory and fixed-asset requirements.
Consumer, Retail & Hospitality
Retail, e-commerce, restaurants, hospitality, laundromats, consumer services, and other owner-operated businesses.
Transportation & Asset-Intensive Businesses
Transportation, logistics, fleet-based businesses, machinery-intensive companies, real-estate-related operations, and businesses requiring significant capital investment.

MILITARY SERVICE & LEADERSHIP

United States Marine Corps Veteran

Joshua served in the United States Marine Corps during Operation Enduring Freedom. His military service included leadership in demanding operational environments where accountability, preparation, disciplined decision-making, and execution were essential.

That experience continues to influence his professional approach to valuation and advisory work—particularly the emphasis on evidence, documentation, independent analysis, and clearly communicating the factors that matter to a decision.

Purple Heart • Combat Action Ribbon • Presidential Unit Citation

PROFESSIONAL CURRICULUM VITAE

Download Joshua Himan’s Professional CV

Download Joshua Himan’s current professional curriculum vitae for an overview of his business valuation and transaction advisory experience, professional credentials, education, representative assignments, Quality of Earnings and acquisition work, analytical capabilities, continuing professional development, and military service.

Download Professional CV (PDF)

WORK WITH BUSINESS VALUATION ADVISORS

Need an Independent Business Valuation or Financial Analysis?

Whether the assignment involves a business valuation, ownership transition, acquisition, Quality of Earnings review, litigation matter, intangible asset, or another complex private-company issue, BVA provides independent, evidence-based analysis tailored to the purpose of the engagement.

Discuss your situation directly with Joshua to determine the appropriate scope, information requirements, and deliverable.

Schedule a Confidential Consultation View Client Reviews & Selected Engagements

CVA®-Led • Independent Analysis • Nationwide Engagements
Related Business Valuation & Transaction Resources
 

View BVA’s full range of private business valuation, transaction, tax, litigation, ownership, SBA, and financial diligence services.
Private Business Valuation Guide
 

A comprehensive guide to valuation methods, normalized earnings, multiples, working capital, ownership interests, and transaction considerations.
SDE vs. EBITDA Guide
 

Learn how SDE, EBITDA, owner compensation, seller add-backs, and normalized earnings affect private-company value.
Business Acquisition & SBA Valuation
 

Independent valuation for acquisitions, business sales, and SBA financing, including normalized earnings and transaction analysis.
Quality of Earnings & Financial Due Diligence
 

Transaction-focused analysis of normalized EBITDA and SDE, Proof of Cash, working capital, and earnings quality.
SBA Business Valuation & QoE Guide
 

Practical guidance on SBA business valuation, Quality of Earnings, lender expectations, documentation, and acquisition readiness.
Leveraged Buyout (LBO) Analysis
 

Learn how normalized EBITDA, debt capacity, DSCR, working capital, and transaction structure affect acquisition economics and buyer returns.