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 |
|---|---|---|---|---|---|---|---|
| Stant USA Corp. | H.I.G. Capital | Indiana | state | 2011 | $300,000 | tax credit/rebate | |
| Kronos Incorporated | Hellman & Friedman | Indiana | state | 2012 | $300,000 | training reimbursement | |
| Corporate Express (printing) | Sycamore Partners Management | North Carolina | state | 1997 | $300,000 | grant | |
| Belk, Inc. | Sycamore Partners Management | South Carolina | state | 2013 | $300,000 | grant | |
| ESCANABA PAPER COMPANY INC | Apollo Global Management | United States | federal | 2008 | $300,000 | federal grant | |
| ESCANABA PAPER COMPANY INC | Apollo Global Management | United States | federal | 2008 | $300,000 | federal grant | |
| Backcountry.com | TSG Consumer Partners | Virginia | state | 2012 | $300,000 | grant | |
| Enviva | Riverstone Holdings | Virginia | state | 2013 | $300,000 | grant | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2012 | $298,080 | tax credit/rebate | |
| GATES CORPORATION (GATES RUBBER COMPANY) | Blackstone | Missouri | state | 2019 | $296,500 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, LLC #3 (2010) | Leonard Green & Partners | New York | local | 2013 | $296,333 | tax credit/rebate; property tax abatement | |
| Jetro Cash & Carry Enterprises, Inc. #2 (2005) | Leonard Green & Partners | New York | local | 2008 | $296,157 | tax credit/rebate; property tax abatement | |
| MAMMOTH CORPORATION | Melrose Industries | United States | federal | 2006 | $295,587 | federal grant | |
| Hexion Inc. | Apollo Global Management | Louisiana | state | 2016 | $294,454 | property tax abatement | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2010 | $293,640 | tax credit/rebate | |
| SAMSON RESOURCES CORP | KKR & Co. | Oklahoma | state | 2009 | $290,811 | grant | |
| Safeway Inc. | Cerberus Capital Management | District of Columbia | state | 2015 | $287,559 | tax credit/rebate | |
| REMINGTON ARMS COMPANY, LLC. | Cerberus Capital Management | Arkansas | state | $287,328 | tax credit/rebate | ||
| HomerWood Hardwood Flooring Co. | American Industrial Partners | Pennsylvania | state | $285,000 | tax credit/rebate | ||
| NORTHWEST HARDWOODS INC | Littlejohn & Co. | Washington | state | 2013 | $283,143 | tax credit/rebate | |
| Life Time Fitness | Leonard Green & Partners | Colorado | state | 2017 | $283,097 | tax credit/rebate | |
| PORTS AMERICA CHESAPEAKE LLC | Oaktree Capital Management | United States | federal | 2016 | $282,556 | federal grant | |
| Jetro Management & Development Corp. | Leonard Green & Partners | New York | state | 2012 | $282,265 | enterprise zone | |
| GARDNER DENVER PETROLEUM PUMPS, LLC | KKR & Co. | Oklahoma | state | 2013 | $281,876 | tax credit/rebate | |
| ReEnergy Black River LLC | Riverstone Holdings | New York | local | 2015 | $281,028 | tax credit/rebate | |
| Safeway Inc. | Cerberus Capital Management | District of Columbia | state | 2018 | $280,144 | tax credit/rebate | |
| PORT TOWNSEND PAPER COMPANY | Lindsay Goldberg | United States | federal | 2006 | $278,190 | federal grant | |
| ASAP Industries LLC | Ares Management | Louisiana | state | 2008 | $277,784 | property tax abatement | |
| ReEnergy Black River LLC | Riverstone Holdings | New York | local | 2016 | $276,867 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises | Leonard Green & Partners | New York | local | 2004 | $273,929 | tax credit/rebate; property tax abatement | |
| CITCO Fund Services | General Atlantic | New York | local | 2005 | $273,000 | grant | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2008 | $270,876 | tax credit/rebate | |
| Enviva | Riverstone Holdings | North Carolina | state | 2014 | $270,000 | grant | |
| GKN Sinter Metals, Inc. | Melrose Industries | North Carolina | state | 2008 | $269,374 | tax credit/rebate | |
| NORTHROP GRUMMAN IT TASC | General Atlantic | United States | federal | 2005 | $267,054 | federal grant | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2017 | $266,098 | tax credit/rebate | |
| Champion Bus, Incorporated | American Industrial Partners | Michigan | state | 2010 | $266,000 | tax credit/rebate | |
| Hexion Inc. | Apollo Global Management | Louisiana | state | 2016 | $265,985 | property tax abatement | |
| Gardner Denver, Inc. | KKR & Co. | Pennsylvania | state | $265,000 | grant | ||
| Petco | CVC Capital Partners | Texas | local | 2011 | $263,070 | property tax abatement | |
| ASAP Industries, LLC | Ares Management | Louisiana | state | 2016 | $262,395 | property tax abatement | |
| Benco | Apollo Global Management | Minnesota | local | 2004 | $260,360 | tax credit/rebate and grant | |
| Hexion Inc. | Apollo Global Management | Louisiana | state | 2016 | $259,349 | property tax abatement | |
| Jetro Cash & Carry Enterprises | Leonard Green & Partners | New York | local | 2003 | $259,218 | tax credit/rebate; property tax abatement | |
| National Bedding Company, LLC | Advent International | New York | state | 2015 | $257,746 | enterprise zone | |
| IPC Information Systems,Inc | Silver Lake | New York | local | 2004 | $255,500 | grant | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2014 | $254,191 | tax credit/rebate | |
| Safeway Inc. Cpts | Cerberus Capital Management | District of Columbia | state | 2017 | $253,393 | tax credit/rebate | |
| Safeway Inc. | Cerberus Capital Management | District of Columbia | state | 2017 | $253,393 | tax credit/rebate | |
| NORTHWEST HARDWOODS INC | Littlejohn & Co. | Washington | state | 2015 | $253,246 | tax credit/rebate | |
| NORTHWEST HARDWOODS, INC. | Littlejohn & Co. | Washington | state | 2015 | $253,246 | tax credit/rebate | |
| IPC Information Systems,Inc | Silver Lake | New York | local | 2002 | $252,000 | grant | |
| SAMSON RESOURCES CO #2 | KKR & Co. | Oklahoma | state | 2010 | $251,485 | grant | |
| Angus Chemical Company | Golden Gate Capital | Louisiana | state | 2013 | $251,001 | property tax abatement | |
| FLUSHING TOWN CENTER, LP | Onex | New York | state | 2011 | $250,493 | tax credit/rebate | |
| NORTHWEST HARDWOODS, INC. | Littlejohn & Co. | Washington | state | 2016 | $250,461 | tax credit/rebate | |
| Simonton Windows | Clayton Dubilier & Rice | Georgia | state | 2006 | $250,000 | grant | |
| PETsMART, Inc. | BC Partners | Illinois | state | 2005 | $250,000 | grant | |
| Smoothstone IP Communications Corporation | Apollo Global Management | Kentucky | state | 2007 | $250,000 | tax credit/rebate | |
| Fleetwood Motor Homes of Pennsylvania, Inc. | American Industrial Partners | Pennsylvania | state | $250,000 | grant | ||
| Armstrong Wood Products, Inc. dba Armstrong Cabinet Products | American Industrial Partners | Pennsylvania | state | $250,000 | grant | ||
| Sinter Metals, Inc. | Melrose Industries | Pennsylvania | state | $250,000 | grant | ||
| Homerwood Hardwood Flooring Co | American Industrial Partners | Pennsylvania | state | $250,000 | grant | ||
| Five Below, Inc. | Advent International | Delaware | state | 2010 | $250,000 | grant/loan hybrid program | |
| NBTY, INC. | Carlyle Group | New York | state | 2007 | $250,000 | grant | |
| Nielsen Media Research | KKR & Co. | Florida | state | 2002 | $250,000 | grant | |
| Outbound Inc. | Apollo Global Management | Connecticut | state | 2012 | $250,000 | grant/loan hybrid program | |
| ANCHOR HOCKING COMPANY | Monomoy Capital Partners | Ohio | state | 2008 | $250,000 | grant | |
| Team Health, Inc. | Blackstone | Tennessee | state | 2012 | $250,000 | grant | |
| GKN Sinter Metals, LLC | Melrose Industries | Indiana | state | 2011 | $250,000 | tax credit/rebate | |
| FRESH MARKET, INC. | Apollo Global Management | Illinois | local | 2008 | $250,000 | tax credit/rebate | |
| MULTI-COLOR CORPORATION | Platinum Equity | Ohio | state | 2014 | $250,000 | grant | |
| Decker Coal | Resource Capital Funds | Montana | state | 2008 | $250,000 | training reimbursement | |
| MULTI-COLOR CORPORATION | Platinum Equity | Ohio | state | 2015 | $250,000 | grant | |
| SAFEWAY, INC. | Cerberus Capital Management | California | state | 2004 | $249,800 | training reimbursement | |
| The Fresh Market Inc. | Apollo Global Management | Louisiana | state | 2008 | $249,592 | Enterprise Zone | |
| Staples, The Office Superstore East, Inc. | Sycamore Partners Management | New York | state | 2015 | $248,929 | enterprise zone | |
| GKN AEROSPACE NORTH AMERICA, INC. | Melrose Industries | Missouri | state | 2008 | $248,679 | tax credit/rebate | |
| GKN North America Investments, Inc. | Melrose Industries | North Carolina | state | 2016 | $248,642 | tax credit/rebate | |
| American Tire Distribution Center | TPG Capital | Tennessee | state | 2013 | $248,500 | grant | |
| Osmose Holdings, Inc. | Oaktree Capital Management | New York | state | 2010 | $247,607 | enterprise zone | |
| BIG TEX TRAILER MANUFACTURING, INC. | Bain Capital | Oklahoma | state | 2010 | $247,462 | tax credit/rebate | |
| NORTHWEST HARDWOODS INC | Littlejohn & Co. | Washington | state | 2014 | $247,437 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2009 | $246,347 | tax credit/rebate | |
| Champion Bus, Incorporated | American Industrial Partners | Michigan | state | 2010 | $245,000 | tax credit/rebate | |
| SAMSON RESOURCES CORP | KKR & Co. | Oklahoma | state | 2009 | $243,601 | grant | |
| SAMSON RESOURCES CORP | KKR & Co. | Oklahoma | state | 2008 | $243,295 | grant | |
| Safeway Inc., Phx Div Ice Cream Plant | Cerberus Capital Management | Arizona | state | 2003 | $241,285 | training reimbursement | |
| ENVIVA LP | Riverstone Holdings | United States | federal | 2013 | $240,967 | federal grant | |
| Carry-On Trailer | Bain Capital | Iowa | state | 2007 | $240,624 | training reimbursement | |
| GKN | Melrose Industries | North Carolina | state | 1993 | $240,408 | grant | |
| Oceania Cruises, Inc. | Apollo Global Management | Florida | state | 2003 | $240,000 | tax credit/rebate | |
| Organogenesis, Inc | Avista Capital Partners | Massachusetts | state | 2012 | $240,000 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2015 | $239,918 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2015 | $239,861 | enterprise zone | |
| Cornerstone Chemical Company | Littlejohn & Co. | Louisiana | state | 2016 | $239,515 | property tax abatement | |
| Sedgwick Claims Management Services, Inc. | KKR & Co. | Iowa | state | 2008 | $237,472 | training reimbursement | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2016 | $236,847 | tax credit/rebate | |
| Spartech Polycom, Inc. | Arsenal Capital Partners | Indiana | state | 2013 | $235,000 | tax credit/rebate | |
| American Medical Response of Colorado, Inc | KKR & Co. | Colorado | state | $234,886 | tax credit/rebate | ||
| NORTHWEST HARDWOODS, INC. | Littlejohn & Co. | Washington | state | 2017 | $234,864 | tax credit/rebate |
