Other Sectors

Kenneth Baronoff gets promoted to president at PJ Solomon. Ron Reed joins Cascade Partners as a managing director. BJ Schaknowski has been named CEO at Clearlake-backed Symplr.

The deals for DrawBridge Lending and Blue Fire come as more investors are becoming interested in cryptocurrency products.

President-elect Joe Biden’s proposed tax increases provide incentives for privately held businesses to “sell sooner than later,” says EY’s Bill Casey. “Following a tax rate increase, there would likely be an increase in joint ventures and alliances.”