About Us

Ashish Bhatt founded M&A advisory firm Next Bridge Advisors in 2008 after working in the Corporate Development Group at E-Trade Financial.

Our goal is for every business to be owned by the people able to maximize its value. That has led us to do things differently:-

  • Our pool of buyers is as large as possible because we pay other advisory firms to refer buyers to us.  
  • We help our clients explore alternate business sale structures that optimally align interests between buyer and seller.  This grows our buyer pool and increases sale price.
  • We apply the economics of mechanism design to implement auctions.  These mechanisms automate the negotiation process by incentivizing buyers to be honest about their valuations and their interests.
  • In business sale contracts, we implement a method of dispute resolution called expert determination. This keeps the buyer and seller honest, which is a necessity.
  • Honesty and supporting decisions with logic are our most important values.

All of these reasons are why we have sold a business for 13.75 times its owner's discretionary earnings.

Over the past 12 years, I have learned that it is a mistake to sell a business the way real estate is sold.  Real estate is static.  Businesses are dynamic, living things.  If you do not sell a business the smart way, then you are leaving money on the table and risking that your business will fail after it is acquired.

During my career, I have been a business owner, investor, and employee.  I acquired a motor scooter retailer.  I led a group of angel investors who together funded three start-ups, all of which failed.  I founded a contract dispute resolution business, which is now part of Next Bridge Advisors’ M&A deal advisory.  Earlier, I also served as General Manager at a small health informatics company and Corporate Development Business Analyst for E-Trade Financial.  I have been involved in 5-, 6-, 7-, 8-, and 9- figure transactions.

Next Bridge Advisors is a sell-side M&A advisory firm with a team of 15 professionals. The team includes six people who research suitable strategic acquirers and contacts at those firms, two people who generate the content that we deliver to prospective acquirers, two people who communicate with acquirers, an attorney, an operations manager, and a marketing director. We maintain approximately 5-10 clients.
I earned an MBA from the Kellogg School of Management, where I specialized in entrepreneurship. I gained undergraduate admission to the University of Pennsylvania, but chose to attend Amherst College, where I majored in math and economics. My ongoing education in economics, law, and math enables Next Bridge Advisors to innovate continually.