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 |
|---|---|---|---|---|---|---|---|
| NORTH PACIFIC PAPER CORP | One Rock Capital Partners | Washington | state | 2007 | $406,351 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2007 | $160,974 | tax credit/rebate | |
| NORTH PACIFIC PAPER CORP | One Rock Capital Partners | Washington | state | 2008 | $906,282 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2008 | $270,876 | tax credit/rebate | |
| NORTH PACIFIC PAPER CORP | One Rock Capital Partners | Washington | state | 2009 | $764,425 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2009 | $246,347 | tax credit/rebate | |
| Curt Manufacturing Inc. | Audax Group | Wisconsin | state | 2011 | $400,000 | tax credit/rebate | |
| Remington Arms Co., Inc. | Cerberus Capital Management | Arkansas | state | 2010 | $75,878 | tax credit/rebate | |
| Joseph T. Ryerson & Son, Inc. | Platinum Equity | Arkansas | state | 2010 | $80,486 | tax credit/rebate | |
| JOESPH T. RYERSON & SON INC | Platinum Equity | Arkansas | state | 2010 | $83,938 | tax credit/rebate | |
| ROLL COATER, INC | Carlyle Group | Arkansas | state | 2010 | $211,091 | tax credit/rebate | |
| Remington Arms Company, Inc. | Cerberus Capital Management | Arkansas | state | 2010 | $12,676 | tax credit/rebate | |
| REMINGTON ARMS COMPANY LLC | Cerberus Capital Management | Arkansas | state | 2010 | $119,367 | tax credit/rebate | |
| STANT USA CORP | H.I.G. Capital | Arkansas | state | 2010 | $67,665 | tax credit/rebate | |
| STANT USA CORP | H.I.G. Capital | Arkansas | state | 2010 | $870,949 | tax credit/rebate | |
| ROLL COATER INC | Carlyle Group | Arkansas | state | 2010 | $351,226 | tax credit/rebate | |
| GKN AEROSPACE NORTH AMERICA, INC. | Melrose Industries | Missouri | state | 2011 | $1,158,370 | tax credit/rebate | |
| Capsugel (Warner-Lambert) | KKR & Co. | South Carolina | state | 2010 | undisclosed | tax credit/rebate | |
| Capsugel - Greenwood, Div of Pfizer, Inc. | KKR & Co. | South Carolina | state | 2009 | undisclosed | tax credit/rebate | |
| Confluence Watersports | Ares Management | South Carolina | state | 2010 | undisclosed | tax credit/rebate | |
| Pfizer, Capsugel Division | KKR & Co. | South Carolina | state | 2007 | undisclosed | tax credit/rebate | |
| Carry-On Trailer | Bain Capital | Nevada | state | 2006 | $42,892 | tax credit/rebate | |
| Carry-On Trailer | Bain Capital | Nevada | state | 2006 | undisclosed | tax credit/rebate | |
| Organogenesis, Inc | Avista Capital Partners | Massachusetts | state | 2011 | $457,899 | tax credit/rebate | |
| The Neiman Marcus Group | Ares Management | Texas | local | 2009 | undisclosed | tax credit/rebate | |
| West Telemarketing | Apollo Global Management | Texas | local | 2001 | undisclosed | tax credit/rebate | |
| West Telemarketing LP | Apollo Global Management | Texas | local | 2005 | undisclosed | tax credit/rebate | |
| Sabre, Inc. and Maguire Partners-Solana Holdings LP & Maguire Holdings Westlake Partnership | TPG Capital | Texas | local | 2009 | undisclosed | tax credit/rebate | |
| Laredo WLE, LP | Riverstone Holdings | Texas | local | 2008 | undisclosed | tax credit/rebate | |
| Sonic | Roark Capital | Texas | local | 2000 | undisclosed | tax credit/rebate | |
| Sonic Drive In | Roark Capital | Texas | local | 2002 | undisclosed | tax credit/rebate | |
| Ennis Paint Inc | Olympus Partners | Texas | local | 2002 | undisclosed | tax credit/rebate | |
| Higher One, Inc. | Providence Equity Partners | Connecticut | state | 2011 | $18,500,000 | tax credit/rebate | |
| Remington Arms Company, LLC | Cerberus Capital Management | Kentucky | state | 2012 | $4,141,831 | tax credit/rebate | |
| Remington Arms Company, LLC | Cerberus Capital Management | Kentucky | state | 2012 | $340,000 | tax credit/rebate | |
| Aleris Rolled Products Manufacturing, Inc. | Oaktree Capital Management | Kentucky | state | 2012 | $5,000,000 | tax credit/rebate | |
| Aleris Rolled Products Manufacturing, Inc. | Oaktree Capital Management | Kentucky | state | 2012 | $500,000 | tax credit/rebate | |
| EAGLEPICHER TECHNOLOGIES, LLC, AN OMG COMPANY | Apollo Global Management | Missouri | state | 2012 | $1,481,009 | tax credit/rebate | |
| Flushing Town Center, L.P. | Onex | New York | state | 2009 | $3,584,495 | tax credit/rebate | |
| Empire Gen Holdings, Inc. | Energy Capital Partners | New York | state | 2010 | $86,951,916 | tax credit/rebate | |
| Flushing Town Center, L.P. | Onex | New York | state | 2010 | $60,610,624 | tax credit/rebate | |
| GKN Driveline North America, Inc. | Melrose Industries | North Carolina | state | 2011 | $75,000 | tax credit/rebate | |
| Pharmaceutical Research Associates, Inc. | KKR & Co. | North Carolina | state | 2011 | $61,500 | tax credit/rebate | |
| Affinia Group, Inc. | Cypress Group | North Carolina | state | 2011 | $107,940 | tax credit/rebate | |
| American Tire Distributors, Inc. | TPG Capital | North Carolina | state | 2011 | $478,248 | tax credit/rebate | |
| Five Below Inc. | Advent International | Pennsylvania | state | $225,000 | tax credit/rebate | ||
| PRA International | KKR & Co. | Pennsylvania | state | $120,000 | tax credit/rebate | ||
| Avantor Performance Materials, Inc. | New Mountain Capital | Pennsylvania | state | $600,000 | tax credit/rebate | ||
| Affinia Group, Inc. | Cypress Group | Pennsylvania | state | $302,000 | tax credit/rebate | ||
| VWR International LLC | New Mountain Capital | Pennsylvania | state | $120,000 | tax credit/rebate | ||
| Galleon Pharmaceuticals, Inc. | TPG Capital | Pennsylvania | state | 2011 | $50,363 | tax credit/rebate | |
| Golden Brothers, Inc. | TPG Capital | Pennsylvania | state | 2011 | $16,263 | tax credit/rebate | |
| Diversified Machine, Inc. | Platinum Equity | Pennsylvania | state | 2011 | $7,785 | tax credit/rebate | |
| Capsugel | KKR & Co. | South Carolina | state | 2011 | undisclosed | tax credit/rebate | |
| Ascend Performance Materials, LLC | SK Capital Partners | South Carolina | state | 2011 | undisclosed | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2010 | $34,435 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2010 | $36,023 | tax credit/rebate | |
| ATTACHMATE CORPORATION | Golden Gate Capital | Washington | state | 2010 | $85,933 | tax credit/rebate | |
| ALDER BIOPHARMACEUTIC INC | TPG Capital | Washington | state | 2010 | $4,052 | tax credit/rebate | |
| NORTH PACIFIC PAPER CORP | One Rock Capital Partners | Washington | state | 2010 | $835,480 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2010 | $293,640 | tax credit/rebate | |
| Prince Minerals, Inc. | American Securities | North Carolina | state | 2011 | $3,741 | tax credit/rebate | |
| Joseph T. Ryerson & Son, Inc. | Platinum Equity | Ohio | local | 2010 | $5,419 | tax credit/rebate | |
| Joseph T. Ryerson & Son, Inc. | Platinum Equity | Ohio | local | 2011 | $11,606 | tax credit/rebate | |
| Boasso America Corporation | Apax Partners | Michigan | state | 2011 | $12,000 | tax credit/rebate | |
| Boasso America Corporation | Apax Partners | Michigan | state | 2011 | $79,000 | tax credit/rebate | |
| Boasso America Corporation | Apax Partners | Michigan | state | 2011 | $420,000 | tax credit/rebate | |
| Kenersys Americas LLC | First Reserve | Michigan | state | 2011 | $1,017,000 | tax credit/rebate | |
| Bobs Discount Furniture | Bain Capital | Massachusetts | state | 2003 | undisclosed | tax credit/rebate | |
| Corporate Express of the East, Inc. | Sycamore Partners Management | Massachusetts | state | 1996 | undisclosed | tax credit/rebate | |
| Danaher Tool Group | Bain Capital | Massachusetts | state | 1995 | undisclosed | tax credit/rebate | |
| Interactive Data Corporation ( Amended 6/09) | Silver Lake | Massachusetts | state | 2004 | undisclosed | tax credit/rebate | |
| New England Confectionary Company | Ares Management | Massachusetts | state | 2003 | undisclosed | tax credit/rebate | |
| Save-A-Lot Supermarket | Onex | Massachusetts | state | 2002 | undisclosed | tax credit/rebate | |
| Sithe Energies Fore River Energy Plant/Sithe Edgar LLC | Blackstone | Massachusetts | state | 1999 | undisclosed | tax credit/rebate | |
| Sithe Mystic Development | Blackstone | Massachusetts | state | 1999 | undisclosed | tax credit/rebate | |
| Springfield Foodservice Corporation | Blackstone | Massachusetts | state | 2006 | undisclosed | tax credit/rebate | |
| Staples, Inc. | Sycamore Partners Management | Massachusetts | state | 1997 | undisclosed | tax credit/rebate | |
| Kronos, Inc. | Hellman & Friedman | Massachusetts | state | 2011 | undisclosed | tax credit/rebate | |
| Rodney Hunt Company | Apollo Global Management | Massachusetts | state | 2012 | $545,600 | tax credit/rebate | |
| Chromalloy Castings Tampa Corporation | Carlyle Group | Florida | state | 2010 | undisclosed | tax credit/rebate | |
| Sparton Electronics Florida, Inc. | Cerberus Capital Management | Florida | state | 2009 | $936,000 | tax credit/rebate | |
| Ascend Performance Materials, LLC | SK Capital Partners | Florida | state | 2010 | $408,000 | tax credit/rebate | |
| Catalina Marketing Corporation | Hellman & Friedman | Florida | state | 2000 | $180,000 | tax credit/rebate | |
| Chromalloy Castings Tampa Corporation | Carlyle Group | Florida | state | 2009 | $585,000 | tax credit/rebate | |
| Chromalloy Gas Turbine LLC | Carlyle Group | Florida | state | 2011 | $364,000 | tax credit/rebate | |
| Garda USA Inc. | BC Partners | Florida | state | 2011 | $600,000 | tax credit/rebate | |
| Hancor, Inc. | American Securities | Florida | state | 1996 | $180,000 | tax credit/rebate | |
| Landmark Aviation, LLC | Carlyle Group | Florida | state | 2011 | $55,000 | tax credit/rebate | |
| Liberty Tire Recycling LLC | American Securities | Florida | state | 2004 | $210,000 | tax credit/rebate | |
| MedSolutions, Inc. | TA Associates | Florida | state | 2005 | $312,279 | tax credit/rebate | |
| MedSolutions, Inc. | TA Associates | Florida | state | 2006 | $465,000 | tax credit/rebate | |
| Nielsen Media Research | KKR & Co. | Florida | state | 2000 | $1,800,000 | tax credit/rebate | |
| Oceania Cruises, Inc. | Apollo Global Management | Florida | state | 2003 | $240,000 | tax credit/rebate | |
| Palm Coast Data, LLC | New Mountain Capital | Florida | state | 2008 | $4,200,000 | tax credit/rebate | |
| Rexall Sundown, Inc. | Carlyle Group | Florida | state | 1997 | $750,000 | tax credit/rebate | |
| Source Refrigeration & HVAC, Inc. | Audax Group | Florida | state | 2008 | $90,000 | tax credit/rebate | |
| Staples Business Delivery | Sycamore Partners Management | Florida | state | 2006 | $1,020,000 | tax credit/rebate | |
| Syniverse Networks, Inc. | Carlyle Group | Florida | state | 2003 | $519,000 | tax credit/rebate | |
| VeriFone, Inc. | Francisco Partners | Florida | state | 1998 | $468,600 | tax credit/rebate | |
| Web.com Group, Inc. | General Atlantic | Florida | state | 2008 | $556,000 | tax credit/rebate |
