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 |
|---|---|---|---|---|---|---|---|
| National Bedding Company, LLC | Advent International | New York | state | 2002 | $38,802 | enterprise zone | |
| Golden Brothers, Inc. (t/a Golden Technologies) | TPG Capital | Pennsylvania | state | 2017 | $38,734 | tax credit/rebate | |
| Gardner Denver Thomas | KKR & Co. | Louisiana | local | 2014 | $38,275 | property tax abatement | |
| Anchor Glass Container Corp. | CVC Capital Partners | New York | state | 2010 | $38,261 | enterprise zone | |
| Pharmaceutical Research Associates, Inc. | KKR & Co. | North Carolina | state | 2010 | $38,250 | tax credit/rebate | |
| Mercury Payment Systems LLC | Silver Lake | Colorado | state | 2012 | $38,016 | training reimbursement | |
| Remington Arms Co., Inc. | Cerberus Capital Management | Kentucky | state | 2010 | $38,000 | training reimbursement | |
| Nordyne, LLC | Melrose Industries | Tennessee | state | 2014 | $38,000 | training reimbursement | |
| Port Townsend Paper | Lindsay Goldberg | Washington | state | 2009 | $37,994 | training reimbursement | |
| Galleon Pharmaceuticals, Inc. | TPG Capital | Pennsylvania | state | 2012 | $37,919 | tax credit/rebate | |
| National Bedding Company LLC | Advent International | New York | local | 2015 | $37,824 | tax credit/rebate | |
| Northwest Hardwoods Inc. | Littlejohn & Co. | West Virginia | state | 2014 | $37,500 | training reimbursement | |
| AFFINIA PRODUCTS CORP LLC | Cypress Group | Oklahoma | state | 2013 | $37,477 | grant | |
| SAFEWAY ICECREAM PLANT | Cerberus Capital Management | Washington | state | 2009 | $37,403 | tax credit/rebate | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2016 | $37,362 | tax credit/rebate | |
| The Gates Corporation | Blackstone | Kentucky | state | 2014 | $37,000 | training reimbursement | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2013 | $36,940 | tax credit/rebate | |
| Garda USA, Inc | BC Partners | Florida | local | 2016 | $36,859 | grant | |
| Safeway Store 8103 | Cerberus Capital Management | Colorado | state | 2013 | $36,739 | tax credit/rebate | |
| AFFINIA PRODUCTS CORP LLC | Cypress Group | Oklahoma | state | 2010 | $36,545 | grant | |
| OSMOSE, INC | Oaktree Capital Management | Tennessee | local | 2007 | $36,309 | property tax abatement | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2012 | $36,226 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2011 | $36,190 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2011 | $36,145 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2010 | $36,023 | tax credit/rebate | |
| SPARTON MEDICAL SYSTEMS INC | Cerberus Capital Management | Ohio | state | 2013 | $36,007 | grant | |
| SPARTON MEDICAL SYSTEMS INC | Cerberus Capital Management | Ohio | state | 2013 | $36,007 | training reimbursement | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2013 | $35,998 | enterprise zone | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2013 | $35,998 | enterprise zone | |
| National Bedding Company LLC | Advent International | New York | local | 2014 | $35,956 | tax credit/rebate | |
| SAFEWAY ICECREAM PLANT | Cerberus Capital Management | Washington | state | 2007 | $35,902 | tax credit/rebate | |
| VLST | TPG Capital | Washington | state | 2009 | $35,881 | tax credit/rebate | |
| Unifrax I, LLC fka Unifrax Corporation | American Securities | New York | state | 2015 | $35,737 | enterprise zone | |
| Belk Administration Company | Sycamore Partners Management | North Carolina | state | 2016 | $35,670 | tax credit/rebate | |
| United Biochemicals | New Mountain Capital | New York | local | 2004 | $35,629 | tax credit/rebate; property tax abatement | |
| Staples, Inc. | Sycamore Partners Management | New York | state | 2004 | $35,625 | enterprise zone | |
| Northwest Hardwoods, Inc | Littlejohn & Co. | Oregon | state | 2018 | $35,613 | tax credit/rebate | |
| National Bedding Company LLC | Advent International | New York | local | 2017 | $35,559 | tax credit/rebate | |
| Ward's Natural Science Establishment Inc. | New Mountain Capital | New York | local | 2009 | $35,524 | tax credit/rebate; property tax abatement | |
| Simmons Bedding Company | Advent International | Kansas | state | 2008 | $35,471 | training reimbursement | |
| Catalina Marketing | Hellman & Friedman | Florida | local | 2000 | $35,400 | grant | |
| National Bedding Company LLC | Advent International | New York | local | 2016 | $35,355 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2008 | $35,025 | tax credit/rebate | |
| FXI Inc. | One Rock Capital Partners | Mississippi | state | 2015 | $35,000 | grant | |
| Hancor, Inc. | American Securities | New York | state | 2002 | $35,000 | enterprise zone | |
| American Medical Response of Colorado, Inc | KKR & Co. | Colorado | state | 2013 | $34,842 | tax credit/rebate | |
| Hexion Specialty Chemicals, Inc. | Apollo Global Management | Louisiana | state | 2010 | $34,828 | property tax abatement | |
| Sithe | Blackstone | New York | local | 2012 | $34,736 | tax credit/rebate; property tax abatement | |
| Save A Lot | Onex | New York | state | 2002 | $34,600 | enterprise zone | |
| Remington Arms Company, Inc. | Cerberus Capital Management | Arkansas | state | 2009 | $34,520 | training reimbursement | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2010 | $34,435 | tax credit/rebate | |
| GKN AEROSPACE SERVICES CONNEC | Melrose Industries | United States | federal | 2002 | $34,340 | federal grant | |
| GKN WESTLAND AEROSPACE INC | Melrose Industries | United States | federal | 2002 | $34,340 | federal grant | |
| TCM INVESTMENTS,INC | KKR & Co. | Oklahoma | state | 2007 | $34,253 | tax credit/rebate | |
| SAMSON RESOURCES CO #2 | KKR & Co. | Oklahoma | state | 2009 | $34,146 | grant | |
| PORT TOWNSEND PAPER COMPANY | Lindsay Goldberg | United States | federal | 2005 | $34,123 | federal grant | |
| SIMONTON WINDOWS | Clayton Dubilier & Rice | Oklahoma | state | 2008 | $34,084 | training reimbursement | |
| ENVIVA LP | Riverstone Holdings | United States | federal | 2015 | $34,010 | federal grant | |
| NBTY/Cartwright Loop | Carlyle Group | New York | local | 2013 | $33,764 | tax credit/rebate; property tax abatement | |
| Galleon Pharmaceuticals, Inc. | TPG Capital | Pennsylvania | state | 2010 | $33,662 | tax credit/rebate | |
| ENVIVA LP | Riverstone Holdings | United States | federal | 2016 | $33,652 | federal grant | |
| WPS Beaver Falls Generation | American Securities | New York | local | 2016 | $33,257 | tax credit/rebate | |
| Payless ShoeSource,Inc | Golden Gate Capital | New York | state | 2002 | $33,176 | grant | |
| ADT Security Systems - 265 Thruway | Apollo Global Management | New York | local | 2008 | $33,040 | tax credit/rebate; property tax abatement | |
| AFFINIA PRODUCTS CORP LLC-QJ | Cypress Group | Oklahoma | state | 2013 | $33,036 | grant | |
| Affinia Group, Inc. | Cypress Group | North Carolina | state | 2013 | $33,025 | tax credit/rebate | |
| Affinia Group, Inc. | Cypress Group | North Carolina | state | 2013 | $33,025 | tax credit/rebate | |
| SAMSON INVESTMENT CO #2 | KKR & Co. | Oklahoma | state | 2010 | $32,882 | grant | |
| American Medical Response of Colorado, Inc. | KKR & Co. | Colorado | state | 2014 | $32,874 | tax credit/rebate | |
| MAAX US-Corporation | Lone Star Funds | West Virginia | state | 2016 | $32,805 | training reimbursement | |
| SAMSON INVESTMENT CO #2 | KKR & Co. | Oklahoma | state | 2011 | $32,777 | grant | |
| WPS Beaver Falls Generation | American Securities | New York | local | 2015 | $32,311 | tax credit/rebate | |
| National Bedding Company LLC | Advent International | New York | local | 2013 | $32,272 | tax credit/rebate; property tax abatement | |
| SAMSON INVESTMENT CO #2 | KKR & Co. | Oklahoma | state | 2012 | $32,224 | grant | |
| United Stationers Supply Co. | Sycamore Partners Management | North Carolina | state | 2015 | $32,220 | tax credit/rebate | |
| GKN Driveline North America, Inc. | Melrose Industries | North Carolina | state | 2016 | $32,111 | tax credit/rebate | |
| Osmose Holdings, Inc. | Oaktree Capital Management | New York | state | 2003 | $32,060 | enterprise zone | |
| SAMSON INVESTMENT CO #2 | KKR & Co. | Oklahoma | state | 2011 | $32,057 | grant | |
| ARMSTRONG HARDWOOD FLOORING COMPANY | American Industrial Partners | Arkansas | state | 2013 | $32,000 | training reimbursement | |
| Galleon Pharmaceuticals, Inc. | TPG Capital | Pennsylvania | state | 2009 | $31,749 | tax credit/rebate | |
| PORTS AMERICA CHESAPEAKE LLC | Oaktree Capital Management | United States | federal | 2015 | $31,749 | federal grant | |
| ADT Security Systems | Apollo Global Management | New York | local | 2003 | $31,728 | tax credit/rebate; property tax abatement | |
| Remington Arms Company, LLC | Cerberus Capital Management | New York | state | 2002 | $31,700 | enterprise zone | |
| Safeway Store 2917 | Cerberus Capital Management | Colorado | state | 2014 | $31,686 | tax credit/rebate | |
| PORTS AMERICA INC | Oaktree Capital Management | United States | federal | 2016 | $31,553 | federal grant | |
| Golden Brothers, Inc. | TPG Capital | Pennsylvania | state | 2015 | $31,547 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2012 | $31,387 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2013 | $31,383 | enterprise zone | |
| Rackspace | Apollo Global Management | Virginia | state | 2009 | $31,361 | training reimbursement | |
| Fox River Foods Inc. | Blackstone | Illinois | state | 2012 | $31,250 | grant | |
| Hexion Specialty Chemicals, Inc. | Apollo Global Management | Louisiana | state | 2010 | $31,166 | property tax abatement | |
| AFFINIA PRODUCTS CORP LLC | Cypress Group | Oklahoma | state | 2014 | $31,090 | grant | |
| Metl-Span LLC | Clayton Dubilier & Rice | Virginia | state | 2012 | $31,030 | training reimbursement | |
| Sterigenics US LLC | Warburg Pincus | New York | state | 2012 | $31,008 | enterprise zone | |
| Staples the Office Superstore East, Inc. | Sycamore Partners Management | New York | state | 2002 | $31,000 | enterprise zone | |
| Sterigenics US LLC | Warburg Pincus | New York | state | 2015 | $30,963 | enterprise zone | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2012 | $30,665 | tax credit/rebate; property tax abatement | |
| Unifrax Corporation | Clearlake Capital | New York | state | 2008 | $30,654 | enterprise zone | |
| SAMSON INVESTMENT CO #2 | KKR & Co. | Oklahoma | state | 2013 | $30,546 | grant | |
| Coaxis | TA Associates | Oregon | state | 2005 | $30,525 | training reimbursement | |
| SAMSON INVESTMENT CO #2 | KKR & Co. | Oklahoma | state | 2013 | $30,437 | grant |
