Subsidy Tracker: Industry Summary Page
Major Industry:
private equity (including portfolio companies)
Subsidy Total:
$2,392,822,263
Number of Awards:
3,057
Time Period:
Earliest year of data: 1988. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this industry are for the period since 2011.
Notes:
The dollar total above adjusts for the fact that there is an overlap between the amounts in one or more Megadeal entries and those of one or more of the other entries. The total includes only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. Dollar totals do not include awards for which no subsidy value is disclosed.
| Top 10 Parent Companies | Total Subsidy $ | Number of Awards |
|---|---|---|
| Riverstone Holdings | $438,303,190 | 42 |
| Energy Capital Partners | $176,495,627 | 29 |
| Blackstone | $157,548,357 | 60 |
| Cerberus Capital Management | $156,378,705 | 334 |
| Onex | $142,710,404 | 76 |
| Searchlight Capital | $135,069,042 | 4 |
| Mid Oaks Investments | $126,377,386 | 28 |
| Bridgewater Associates | $115,000,000 | 1 |
| Thoma Bravo | $103,780,594 | 8 |
| Apollo Global Management | $89,922,620 | 149 |
Individual Subsidy Records:
| Company | Parent | Location | Subsidy Source | Year | Subsidy Value |
Loan/Bailout Value |
Type of Subsidy |
|---|---|---|---|---|---|---|---|
| Remington Arms Company, Inc. | Cerberus Capital Management | Kentucky | state | 2010 | $340,000 | tax credit/rebate | |
| Remington Arms Company, LLC | Cerberus Capital Management | Kentucky | state | 2012 | $340,000 | tax credit/rebate | |
| Bob's Discount Furniture LLC | Bain Capital | Connecticut | state | 2015 | $340,902 | tax credit/rebate | |
| Anchor Glass Container | CVC Capital Partners | New York | local | 2017 | $341,739 | tax credit/rebate | |
| GKN North America Investments, Inc. | Melrose Industries | North Carolina | state | 2015 | $343,126 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, Inc. #2 (2005) | Leonard Green & Partners | New York | local | 2014 | $345,852 | tax credit/rebate | |
| Clipper Windpower, Inc. | Platinum Equity | Iowa | state | 2005 | $346,000 | infrastructure assistance | |
| ASAP Industries LLC | Ares Management | Louisiana | state | 2013 | $347,979 | property tax abatement | |
| JDA Software Inc. | New Mountain Capital | Arizona | state | 2016 | $350,000 | grant | |
| Hexion Specialty Chemicals, Inc | Apollo Global Management | Louisiana | state | 2009 | $350,725 | tax credit/rebate | |
| ROLL COATER INC | Carlyle Group | Arkansas | state | 2010 | $351,226 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2015 | $351,794 | enterprise zone | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2015 | $351,794 | enterprise zone | |
| Styron LLC | Bain Capital | Michigan | state | 2010 | $353,000 | tax credit/rebate | |
| Duro Bag Manufacturing Co., Inc. | Wind Point Partners | New Jersey | state | 2002 | $355,446 | grant | |
| Ortho Clinical Diagnostics, Inc. | Carlyle Group | New York | state | 2008 | $356,011 | enterprise zone | |
| Ortho Clinical Diagnostics, Inc. | Carlyle Group | New York | state | 2008 | $356,011 | enterprise zone | |
| Ortho Clinical Diagnostics, Inc. | Carlyle Group | New York | state | 2008 | $356,011 | enterprise zone | |
| Ortho Clinical Diagnostics, Inc. | Carlyle Group | New York | state | 2008 | $356,011 | enterprise zone | |
| Belk, Inc. #372 | Sycamore Partners Management | Louisiana | state | 2008 | $358,024 | Enterprise Zone | |
| Big Tex Trailer Manufacturing, Inc. | Bain Capital | Georgia | state | 2010 | $360,000 | grant | |
| Material Handling Systems Inc. | Thomas H. Lee Partners | Kentucky | state | 2008 | $360,000 | tax credit/rebate | |
| DynCorp | Cerberus Capital Management | North Carolina | state | 2012 | $360,000 | tax credit/rebate | |
| EAGLE PICHER TECHNOLOGIES LLC | Apollo Global Management | United States | federal | 2000 | $360,230 | federal grant | |
| Gulf Coast Energy, Inc. | Warburg Pincus | Alabama | state | 2009 | $360,616 | cost reimbursement | |
| Apria Healthcare Group, Inc. | Blackstone | Kansas | state | 2009 | $360,797 | training reimbursement | |
| Chromalloy Gas Turbine LLC | Carlyle Group | Florida | state | 2011 | $364,000 | tax credit/rebate | |
| PORTS AMERICA INC | Oaktree Capital Management | United States | federal | 2016 | $368,369 | federal grant | |
| SHAWS SUPERMARKETS INC AND SUBSIDIA | Cerberus Capital Management | Maine | state | 2017 | $368,375 | property tax abatement | |
| Empire Generating Co, LLC | Energy Capital Partners | New York | state | 2014 | $371,857 | enterprise zone | |
| SHAWS SUPERMARKETS INC AND SUBSIDIA | Cerberus Capital Management | Maine | state | 2015 | $372,397 | property tax abatement | |
| Affinia Group, Inc. | Cypress Group | Pennsylvania | state | $375,000 | grant | ||
| The Neiman Marcus Group, Inc | Ares Management | Pennsylvania | state | $375,000 | grant | ||
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2014 | $379,317 | tax credit/rebate | |
| Digital Domain Media | Searchlight Capital | Florida | state | 2011 | $379,764 | training reimbursement | |
| Empire Generating Co, LLC | Energy Capital Partners | New York | state | 2013 | $381,987 | enterprise zone | |
| GARDNER DENVER PETROLEUM PUMPS, LLC | KKR & Co. | Oklahoma | state | 2013 | $385,051 | tax credit/rebate | |
| TRANSMONTAIGNE PRODUCT SERVICES,INC | ArcLight Capital Partners | United States | federal | 2006 | $385,159 | federal grant | |
| West Corporation | Apollo Global Management | Wisconsin | state | 2014 | $385,700 | tax credit/rebate | |
| NBTY, Inc. | Carlyle Group | New York | state | 2011 | $387,914 | enterprise zone | |
| LEDCO, INC. | Oaktree Capital Management | Kentucky | state | 2006 | $395,100 | tax credit/rebate | |
| JACUZZI BRANDS, INC. | Apollo Global Management | California | state | 2007 | $396,318 | training reimbursement | |
| Albertsons, LLC Store #2814 | Cerberus Capital Management | Louisiana | state | 2010 | $397,500 | Enterprise zone | |
| Amscan, Inc. | Thomas H. Lee Partners | New York | local | 2004 | $398,180 | tax credit/rebate; property tax abatement | |
| Remington Arms Company, Inc. | Cerberus Capital Management | Kentucky | state | 2003 | $400,000 | tax credit/rebate | |
| Acuity Specialty Products, Inc. | New Mountain Capital | Pennsylvania | state | $400,000 | grant | ||
| Curt Manufacturing Inc. | Audax Group | Wisconsin | state | 2011 | $400,000 | tax credit/rebate | |
| Affinia | Cypress Group | Oklahoma | local | 2012 | $400,000 | grant | |
| Ascend Performance Materials, LLC | SK Capital Partners | Florida | state | 2010 | $400,000 | grant | |
| Curt Manufacturing Inc. | Audax Group | Wisconsin | state | 2012 | $400,000 | tax credit/rebate | |
| Staples, Inc. | Sycamore Partners Management | Indiana | state | 2006 | $400,000 | tax credit/rebate | |
| Gates Rubber | Blackstone | North Carolina | state | 1997 | $400,000 | grant | |
| ADT LLC | Apollo Global Management | Florida | state | 2013 | $400,000 | grant | |
| Northwest Hardwoods, Inc. | Littlejohn & Co. | Wisconsin | state | 2012 | $400,000 | tax credit/rebate | |
| Team Technologies, Inc | Clearlake Capital | Tennessee | state | 2017 | $400,000 | grant | |
| SAMSON RESOURCES CO #2 | KKR & Co. | Oklahoma | state | 2011 | $400,113 | grant | |
| Eddie Bauer LLC | Golden Gate Capital | Ohio | state | 2010 | $401,746 | tax credit/rebate | |
| BMC Software, Inc. | Bain Capital | Texas | state | 2009 | $402,123 | training reimbursement | |
| NORTH PACIFIC PAPER CORP | One Rock Capital Partners | Washington | state | 2007 | $406,351 | tax credit/rebate | |
| Ascend Performance Materials, LLC | SK Capital Partners | Florida | state | 2010 | $408,000 | tax credit/rebate | |
| Hexion Specialty Chemicals, Inc | Apollo Global Management | Louisiana | state | 2008 | $409,901 | property tax abatement | |
| SHAWS SUPERMARKETS INC AND SUBSIDIA | Cerberus Capital Management | Maine | state | 2016 | $410,516 | property tax abatement | |
| United Stationers Inc. and its Subsidiaries | Sycamore Partners Management | Illinois | state | 2009 | $410,552 | tax credit/rebate | |
| Multi-Color Corporation | Platinum Equity | Ohio | state | 2014 | $415,317 | tax credit/rebate | |
| JACUZZI BRANDS, INC. | Apollo Global Management | California | state | 2009 | $417,031 | training reimbursement | |
| Clipper Windpower, PLC 07-EZ-002 | Platinum Equity | Iowa | state | 2006 | $417,675 | enterprise zone | |
| Unifrax Corporation | Clearlake Capital | New York | state | 2004 | $419,000 | enterprise zone | |
| Boasso America Corporation | Apax Partners | Michigan | state | 2011 | $420,000 | tax credit/rebate | |
| Joseph T. Ryerson and Son, Inc. d/b/a Ryerson Tull Coil Processing | Platinum Equity | Indiana | state | 2007 | $425,000 | tax credit/rebate | |
| Sedgwick Claims Management Services, Inc. | KKR & Co. | Iowa | state | 2011 | $425,798 | training reimbursement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 1998 | $430,688 | tax credit/rebate; property tax abatement | |
| Life Time Fitness | Leonard Green & Partners | New York | local | 2012 | $434,644 | tax credit/rebate; property tax abatement | |
| NBTY, Inc. | Carlyle Group | New York | state | 2013 | $436,122 | enterprise zone | |
| OSMOSE INC | Oaktree Capital Management | Tennessee | local | 2007 | $437,158 | property tax abatement | |
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2013 | $438,781 | tax credit/rebate | |
| Carestream Health Inc. | Onex | New York | local | 2008 | $439,636 | tax credit/rebate; property tax abatement | |
| PS eServ Corp dba eServ, A Perot Systems Company | Silver Lake | Iowa | state | 2007 | $441,000 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, Inc. #1 (1994) | Leonard Green & Partners | New York | local | 2005 | $441,545 | tax credit/rebate; property tax abatement | |
| GKN Driveline North America Inc | Melrose Industries | Michigan | state | 2014 | $448,000 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, LLC | Leonard Green & Partners | New York | local | 2012 | $450,174 | tax credit/rebate; property tax abatement | |
| The Neiman Marcus Group, Inc. | Ares Management | Pennsylvania | state | $453,000 | tax credit/rebate | ||
| Anchor Glass Container Corporation | CVC Capital Partners | New Jersey | state | 2011 | $453,561 | grant | |
| Empire Generating Co, LLC | Energy Capital Partners | New York | state | 2012 | $455,093 | enterprise zone | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 1998 | $455,954 | tax credit/rebate; property tax abatement | |
| Angus Chemical Company | Golden Gate Capital | Louisiana | state | 2009 | $457,444 | property tax abatement | |
| Organogenesis, Inc | Avista Capital Partners | Massachusetts | state | 2011 | $457,899 | tax credit/rebate | |
| SHAWS SUPERMARKETS INC AND SUBSIDIA | Cerberus Capital Management | Maine | state | 2014 | $459,205 | property tax abatement | |
| Five Below, Inc. | Advent International | Pennsylvania | state | 2017 | $462,000 | tax credit/rebate | |
| MedSolutions, Inc. | TA Associates | Florida | state | 2006 | $465,000 | tax credit/rebate | |
| REMINGTON OUTDOOR COMPANY INC (dba. REMINGTON ARMS COMPANY LLC) | Cerberus Capital Management | Arkansas | state | 2014 | $465,250 | grant | |
| CLIPPER WINDPOWER, INC. | Platinum Equity | United States | federal | 2011 | $468,450 | federal grant | |
| VeriFone, Inc. | Francisco Partners | Florida | state | 1998 | $468,600 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2017 | $469,138 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2016 | $470,000 | tax credit/rebate | |
| Bob's Discount Furniture LLC | Bain Capital | Connecticut | state | 2016 | $474,486 | tax credit/rebate | |
| American Tire Distributors, Inc. | TPG Capital | North Carolina | state | 2011 | $478,248 | tax credit/rebate | |
| Styron LLC | Bain Capital | Michigan | state | 2010 | $480,000 | tax credit/rebate | |
| Life Time Fitness | Leonard Green & Partners | New York | local | 2016 | $480,437 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, LLC #3 (2010) | Leonard Green & Partners | New York | local | 2010 | $482,414 | tax credit/rebate; property tax abatement | |
| Palm Coast Data | New Mountain Capital | Florida | state | 2011 | $482,685 | training reimbursement | |
| Staples, Inc. | Sycamore Partners Management | Indiana | state | 2007 | $482,775 | tax credit/rebate |
