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 |
|---|---|---|---|---|---|---|---|
| Ward's Natural Science Establishment Inc. | New Mountain Capital | New York | local | 2010 | $23,349 | tax credit/rebate; property tax abatement | |
| Joseph T. Ryerson and Son, Inc. | Platinum Equity | Colorado | state | 2018 | $23,240 | tax credit/rebate | |
| Belk, Inc. | Sycamore Partners Management | North Carolina | state | 2016 | $23,188 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2013 | $23,040 | enterprise zone | |
| Safeway Store 6530 | Cerberus Capital Management | Colorado | state | 2014 | $22,960 | tax credit/rebate | |
| GARDNER DENVER | KKR & Co. | Oklahoma | state | 2011 | $22,839 | training reimbursement | |
| AP Exhaust Technologies, Inc. | Audax Group | North Carolina | state | 2012 | $22,777 | tax credit/rebate | |
| VERTAFORE INC | TPG Capital | Washington | state | 2014 | $22,743 | tax credit/rebate | |
| Unifrax 1, LLC | Clearlake Capital | New York | local | 2016 | $22,652 | tax credit/rebate | |
| Global Bay Mobile Technologies, Inc. | Francisco Partners | New York | local | 2003 | $22,591 | grant | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2014 | $22,577 | tax credit/rebate | |
| ENVIVA LP | Riverstone Holdings | United States | federal | 2013 | $22,401 | federal grant | |
| ORS NASCO, LLC | Sycamore Partners Management | Oklahoma | state | 2014 | $22,234 | grant | |
| Safeway Holdings, Inc. | Cerberus Capital Management | New York | local | 2002 | $22,184 | grant | |
| EMERSON NETWORK POWER | Platinum Equity | Ohio | state | 2014 | $22,150 | grant | |
| Fairmount Minerals LTD | American Securities | United States | federal | 2010 | $22,137 | federal grant | |
| Ortho Clinical Diagnostics, Inc. | Carlyle Group | New York | state | 2014 | $22,126 | enterprise zone | |
| Ortho Clinical Diagnostics, Inc. | Carlyle Group | New York | state | 2014 | $22,126 | enterprise zone | |
| Ortho Clinical Diagnostics, Inc. | Carlyle Group | New York | state | 2014 | $22,126 | enterprise zone | |
| Ortho Clinical Diagnostics, Inc. | Carlyle Group | New York | state | 2014 | $22,126 | enterprise zone | |
| Chromalloy Nevada | Carlyle Group | Nevada | state | 2011 | $22,000 | training reimbursement | |
| TurboCombustor Technology | Carlyle Group | Florida | state | 2011 | $22,000 | training reimbursement | |
| Ryerson | Platinum Equity | Delaware | state | 2013 | $21,951 | training reimbursement | |
| Armstrong Wood Products | American Industrial Partners | West Virginia | state | 2009 | $21,595 | training reimbursement | |
| Diversified Machine, Inc. | Platinum Equity | Pennsylvania | state | 2013 | $21,544 | tax credit/rebate | |
| Golden Brothers, Inc. (t/a Golden Technologies) | TPG Capital | Pennsylvania | state | 2013 | $21,423 | tax credit/rebate | |
| VLST | TPG Capital | Washington | state | 2007 | $21,375 | tax credit/rebate | |
| VLST | TPG Capital | Washington | state | 2007 | $21,375 | tax credit/rebate | |
| AFFINIA PRODUCTS CORP | Cypress Group | Oklahoma | state | 2009 | $21,323 | grant | |
| National Bedding Co. LLC | Advent International | New York | state | 2007 | $21,303 | enterprise zone | |
| Jetro Cash & Carry Enterprises, Inc. #2 (2005) | Leonard Green & Partners | New York | local | 2018 | $21,264 | multiple | |
| Jetro Cash & Carry | Leonard Green & Partners | New York | local | 2015 | $21,242 | tax credit/rebate | |
| PETCO ANIMAL SUPPLIES STORES INC | CVC Capital Partners | Maine | state | 2012 | $21,222 | property tax abatement | |
| JACUZZI BRANDS CORP. DBA JACUZZI GROUP WORLDWIDE | Apollo Global Management | California | state | 2011 | $21,212 | training reimbursement | |
| LEDCO Inc. | Oaktree Capital Management | Kentucky | state | 2009 | $21,202 | training reimbursement | |
| Safeway Store 2824 | Cerberus Capital Management | Colorado | state | 2017 | $21,130 | tax credit/rebate | |
| ADARE PHARMACEUTICALS INC | TPG Capital | Ohio | state | 2019 | $21,127 | grant | |
| WPS Beaver Falls Generation | American Securities | New York | local | 2007 | $21,102 | tax credit/rebate; property tax abatement | |
| AP Exhaust Holdings, Inc. | Audax Group | North Carolina | state | 2015 | $21,096 | tax credit/rebate | |
| Mercury Payment Systems LLC | Silver Lake | Colorado | state | 2007 | $21,000 | grant | |
| ADT, LLC | Apollo Global Management | Florida | local | 2016 | $21,000 | grant | |
| ADT, LLC | Apollo Global Management | Florida | local | 2017 | $21,000 | grant | |
| Anthro Corporation | Melrose Industries | Oregon | state | 2012 | $20,981 | tax credit/rebate | |
| PETCO ANIMAL SUPPLIES STORES INC | CVC Capital Partners | Maine | state | 2013 | $20,957 | property tax abatement | |
| NBTY/Cartwright Loop/Exp. | Carlyle Group | New York | local | 2015 | $20,930 | tax credit/rebate | |
| American Tire Distributors, Inc. | TPG Capital | North Carolina | state | 2012 | $20,916 | tax credit/rebate | |
| ATTACHMATE WRQ | Golden Gate Capital | Washington | state | 2005 | $20,866 | tax credit/rebate | |
| EMERSON NETWORK POWER LIEBERT | Platinum Equity | Ohio | state | 2014 | $20,405 | grant | |
| SAMSON INVESTMENT CO #2 | KKR & Co. | Oklahoma | state | 2009 | $20,362 | grant | |
| Anchor Glass Container Corp. | CVC Capital Partners | New York | state | 2009 | $20,038 | enterprise zone | |
| Swanson Plating Company, Inc. | AEA Investors | West Virginia | state | 2010 | $20,000 | training reimbursement | |
| Payless ShoeSource Worldwide, Inc | Golden Gate Capital | Kansas | state | 2011 | $20,000 | training reimbursement | |
| EMERSON NETWORK POWER LIEBERT | Platinum Equity | Ohio | state | 2013 | $20,000 | grant | |
| ALERIS INTERNATIONAL | Oaktree Capital Management | United States | federal | 2007 | $20,000 | federal grant | |
| ALERIS INTERNATIONAL | Oaktree Capital Management | United States | federal | 2006 | $20,000 | federal grant | |
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2008 | $20,000 | grant | |
| National Bedding Company. LLC | Advent International | New York | state | 2012 | $20,000 | enterprise zone | |
| National Bedding Company. LLC | Advent International | New York | state | 2012 | $20,000 | enterprise zone | |
| ADT Security Systems | Apollo Global Management | New York | local | 2006 | $19,925 | tax credit/rebate; property tax abatement | |
| Kovatch Mobile Equipment Corp. | American Industrial Partners | Pennsylvania | state | 2014 | $19,888 | tax credit/rebate | |
| VERTAFORE INC | TPG Capital | Washington | state | 2013 | $19,840 | tax credit/rebate | |
| Duro Bag Manufacturing Co. | Wind Point Partners | Virginia | state | 2009 | $19,738 | training reimbursement | |
| ORS NASCO, LLC | Sycamore Partners Management | Oklahoma | state | 2014 | $19,582 | grant | |
| Tire Rack | Leonard Green & Partners | Connecticut | state | 2012 | $19,530 | tax credit/rebate | |
| Paradigm Precision Holdings | Carlyle Group | Arizona | state | 2009 | $19,520 | training reimbursement | |
| ADT LLC | Apollo Global Management | California | state | 2017 | $19,440 | training reimbursement | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2009 | $19,401 | enterprise zone | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2009 | $19,401 | enterprise zone | |
| Safeway Store #8103 | Cerberus Capital Management | Colorado | state | $19,387 | tax credit/rebate | ||
| Remington Arms Company, Inc. | Cerberus Capital Management | North Carolina | state | 2012 | $19,353 | tax credit/rebate | |
| Remington Arms Company, Inc. | Cerberus Capital Management | North Carolina | state | 2012 | $19,353 | tax credit/rebate | |
| PETCO ANIMAL SUPPLIES STORES INC | CVC Capital Partners | Maine | state | 2011 | $19,327 | property tax abatement | |
| SimEx, Inc. | Clayton Dubilier & Rice | West Virginia | state | 2008 | $19,133 | training reimbursement | |
| United Stationers Supply Co. | Sycamore Partners Management | North Carolina | state | 2013 | $18,907 | tax credit/rebate | |
| NORTHCENTER FOODSERVICE LLC | Blackstone | Maine | state | 2009 | $18,761 | property tax abatement | |
| MORGAN ADHESIVES COMPANY | Platinum Equity | Ohio | state | 2010 | $18,750 | grant | |
| Pharmaceutical Research Associates, Inc. | KKR & Co. | North Carolina | state | 2014 | $18,673 | tax credit/rebate | |
| Magneti Marelli Holding USA, Inc. | KKR & Co. | North Carolina | state | 2013 | $18,658 | tax credit/rebate | |
| PEXCO LLC | AEA Investors | Washington | state | 2015 | $18,650 | tax credit/rebate | |
| SAMSON INVESTMENT CO #2 | KKR & Co. | Oklahoma | state | 2009 | $18,466 | grant | |
| WPS Beaver Falls Generation | American Securities | New York | local | 2010 | $18,339 | tax credit/rebate; property tax abatement | |
| SIMMONS BEDDING CO | Advent International | California | state | 2015 | $18,256 | training reimbursement | |
| Armstrong Wood Products | American Industrial Partners | West Virginia | state | 2011 | $18,250 | training reimbursement | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2015 | $18,159 | tax credit/rebate | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2008 | $18,106 | tax credit/rebate; property tax abatement | |
| Golden Brothers, Inc. (t/a Golden Technologies) | TPG Capital | Pennsylvania | state | 2012 | $18,085 | tax credit/rebate | |
| Safeway Store 6530 | Cerberus Capital Management | Colorado | state | 2019 | $18,059 | tax credit/rebate | |
| Champion Bus, Incorporated | American Industrial Partners | Michigan | state | 2010 | $18,000 | tax credit/rebate | |
| Ryerson | Platinum Equity | Arkansas | state | 2011 | $18,000 | training reimbursement | |
| AFFINIA GROUP | Cypress Group | Oklahoma | state | 2010 | $17,677 | training reimbursement | |
| Safeway Loc #8402 | Cerberus Capital Management | Colorado | state | $17,438 | tax credit/rebate | ||
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2009 | $17,383 | tax credit/rebate; property tax abatement | |
| Remington Arms Company, Inc. | Cerberus Capital Management | New York | state | 2009 | $17,381 | enterprise zone | |
| PETCO ANIMAL SUPPLIES STORES INC | CVC Capital Partners | Maine | state | 2014 | $17,375 | property tax abatement | |
| VERTAFORE INC | TPG Capital | Washington | state | 2012 | $17,290 | tax credit/rebate | |
| Pharmaceutical Research Associates, Inc. | KKR & Co. | North Carolina | state | 2015 | $17,238 | tax credit/rebate | |
| BARNES AND NOBLE.COM | Elliott Management | Tennessee | local | 2007 | $17,107 | property tax abatement | |
| Gates Corporation | Blackstone | Kansas | state | 2010 | $17,000 | training reimbursement | |
| Spartech Plastics Company | Arsenal Capital Partners | Oregon | state | 2010 | $16,882 | tax credit/rebate | |
| Plastic Packaging Technologies, LLC | Mid Oaks Investments | Kansas | state | 2008 | $16,800 | training reimbursement | |
| Jetro Cash & Carry Enterprises Inc. | Leonard Green & Partners | New York | state | 2007 | $16,747 | enterprise zone |
