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 |
|---|---|---|---|---|---|---|---|
| Attachmate Corporation | Golden Gate Capital | Ohio | state | 1998 | undisclosed | tax credit/rebate | |
| HCR Manor Care Services, LLC et al. | Carlyle Group | Ohio | state | 1998 | undisclosed | tax credit/rebate | |
| Noramco, Inc. | SK Capital Partners | Ohio | state | 1999 | undisclosed | tax credit/rebate | |
| PETsMART, Inc. | BC Partners | Ohio | state | 1999 | undisclosed | tax credit/rebate | |
| Staples Contract and Commercial, Inc. | Sycamore Partners Management | Ohio | state | 2000 | undisclosed | tax credit/rebate | |
| Corporate Express Office Products, Inc. | Sycamore Partners Management | Ohio | state | 2000 | undisclosed | tax credit/rebate | |
| Sparton Medical Systems, Inc. | Cerberus Capital Management | Ohio | state | 2002 | undisclosed | tax credit/rebate | |
| Aleris Ohio Management, Inc. | Oaktree Capital Management | Ohio | state | 2004 | undisclosed | tax credit/rebate | |
| Fleetwood Travel Trailers of Ohio, Inc. | American Industrial Partners | Ohio | state | 2006 | undisclosed | tax credit/rebate | |
| Spartech Polycom, Inc. | Arsenal Capital Partners | Ohio | state | 2006 | undisclosed | tax credit/rebate | |
| Payless Shoesource Distribution, Inc. | Golden Gate Capital | Ohio | state | 2007 | undisclosed | tax credit/rebate | |
| Multi-Color Corporation | Platinum Equity | Ohio | state | 2007 | undisclosed | tax credit/rebate | |
| Sedgwick Claims Management Services, Inc. | KKR & Co. | Ohio | state | 2007 | undisclosed | tax credit/rebate | |
| Anthro Corporation | Melrose Industries | Oregon | state | 2012 | $20,981 | tax credit/rebate | |
| Carestream Health | Onex | Oregon | state | 2013 | $61,244 | tax credit/rebate | |
| Safeway, Inc. Portland Division | Cerberus Capital Management | Oregon | state | 2012 | $11,128 | tax credit/rebate | |
| Safeway, Inc. | Cerberus Capital Management | Oregon | state | 2013 | $146,360 | tax credit/rebate | |
| Jones New York | Sycamore Partners Management | Oregon | state | 2012 | $1,775 | tax credit/rebate | |
| Safeway Inc. Clackamas Milk Plant | Cerberus Capital Management | Oregon | state | 2013 | $28,858 | tax credit/rebate | |
| BLOUNT INTERNATIONAL, INC. (FREDERICK MFG INC) | American Securities | Missouri | state | 2012 | $81,012 | tax credit/rebate | |
| AERSALE, INC | Leonard Green & Partners | New Mexico | state | 2013 | $62,149 | tax credit/rebate | |
| FLUSHING TOWN CENTER LP | Onex | New York | state | 2012 | $698,152 | tax credit/rebate | |
| Petco Animal Supplies, Inc. | CVC Capital Partners | California | state | 2014 | $2,600,000 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2012 | $3,000 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2012 | $36,226 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2012 | $31,387 | tax credit/rebate | |
| ATTACHMATE CORPORATION | Golden Gate Capital | Washington | state | 2012 | $118,560 | tax credit/rebate | |
| ENERGYSOLUTIONS FEDERAL EPC INC | Energy Capital Partners | Washington | state | 2012 | $188,411 | tax credit/rebate | |
| VERTAFORE INC | TPG Capital | Washington | state | 2012 | $17,290 | tax credit/rebate | |
| ENERGYSOLUTIONS FEDERAL EPC INC | Energy Capital Partners | Washington | state | 2012 | $27,198 | tax credit/rebate | |
| VERTAFORE INC | TPG Capital | Washington | state | 2012 | $11,715 | tax credit/rebate | |
| NORTH PACIFIC PAPER CORP | One Rock Capital Partners | Washington | state | 2012 | $930,525 | tax credit/rebate | |
| NORTHWEST HARDWOODS INC | Littlejohn & Co. | Washington | state | 2012 | $206,846 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2012 | $298,080 | tax credit/rebate | |
| Northwest Hardwoods, Inc. | Littlejohn & Co. | Wisconsin | state | 2012 | $400,000 | tax credit/rebate | |
| West Corporation | Apollo Global Management | Wisconsin | state | 2013 | $89,000 | tax credit/rebate | |
| West Corporation | Apollo Global Management | Wisconsin | state | 2014 | $385,700 | tax credit/rebate | |
| ALDER BIOPHARMACEUTIC INC | TPG Capital | Washington | state | 2013 | $5,580 | tax credit/rebate | |
| VERTAFORE INC | TPG Capital | Washington | state | 2013 | $11,715 | tax credit/rebate | |
| VERTAFORE INC | TPG Capital | Washington | state | 2013 | $19,840 | tax credit/rebate | |
| ENERGYSOLUTIONS FEDERAL EPC INC | Energy Capital Partners | Washington | state | 2013 | $27,198 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2013 | $36,940 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2013 | $44,296 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2013 | $51,270 | tax credit/rebate | |
| ATTACHMATE CORPORATION | Golden Gate Capital | Washington | state | 2013 | $99,556 | tax credit/rebate | |
| ENERGYSOLUTIONS FEDERAL EPC INC | Energy Capital Partners | Washington | state | 2013 | $209,282 | tax credit/rebate | |
| NORTHWEST HARDWOODS INC | Littlejohn & Co. | Washington | state | 2013 | $283,143 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2013 | $333,231 | tax credit/rebate | |
| NORTH PACIFIC PAPER CORP | One Rock Capital Partners | Washington | state | 2013 | $862,329 | tax credit/rebate | |
| EnergySolutions, Inc. & Subsidiaries | Energy Capital Partners | Maryland | state | 2014 | $3,913 | tax credit/rebate | |
| West Corporation & Subsidiaries | Apollo Global Management | Nebraska | state | 2013 | undisclosed | tax credit/rebate | |
| PetSmart, Inc. | BC Partners | Pennsylvania | state | $1,090,000 | tax credit/rebate | ||
| Pharmaceutical Research Associates, Inc. | KKR & Co. | Pennsylvania | state | $750,000 | tax credit/rebate | ||
| Neustar, Inc. | Golden Gate Capital | California | state | 2015 | $1,500,000 | tax credit/rebate | |
| 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 | |
| Kovatch Mobile Equipment Corp. | American Industrial Partners | Pennsylvania | state | 2013 | $10,315 | tax credit/rebate | |
| Combined Systems, Inc. | Carlyle Group | Pennsylvania | state | 2013 | $2,547 | tax credit/rebate | |
| Bob's Discount Furniture, LLC | Bain Capital | Maryland | state | 2014 | undisclosed | tax credit/rebate | |
| Freedom Group, Inc. | Cerberus Capital Management | North Carolina | state | 2013 | $41,642 | tax credit/rebate | |
| Affinia Group, Inc. | Cypress Group | North Carolina | state | 2013 | $33,025 | tax credit/rebate | |
| Compuware Corporation | Thoma Bravo | North Carolina | state | 2013 | $9,891 | tax credit/rebate | |
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2013 | $121,047 | tax credit/rebate | |
| Pharmaceutical Research Associates, Inc. | KKR & Co. | North Carolina | state | 2013 | $65,813 | tax credit/rebate | |
| Affinia Group, Inc. | Cypress Group | North Carolina | state | 2013 | $45,557 | tax credit/rebate | |
| Providencia USA, Inc. | Blackstone | North Carolina | state | 2013 | $43,120 | tax credit/rebate | |
| Magneti Marelli Holding USA, Inc. | KKR & Co. | North Carolina | state | 2013 | $7,234 | tax credit/rebate | |
| AP Exhaust Technologies, Inc. | Audax Group | North Carolina | state | 2013 | $12,626 | tax credit/rebate | |
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2013 | $438,781 | tax credit/rebate | |
| GKN Automotive Holding, Inc. | Melrose Industries | North Carolina | state | 2013 | $232,504 | tax credit/rebate | |
| GKN Driveline North America, Inc. | Melrose Industries | North Carolina | state | 2013 | $96,647 | tax credit/rebate | |
| The Gates Corporation | Blackstone | North Carolina | state | 2013 | $57,267 | tax credit/rebate | |
| United Stationers Supply Co. | Sycamore Partners Management | North Carolina | state | 2013 | $18,907 | tax credit/rebate | |
| Magneti Marelli Holding USA, Inc. | KKR & Co. | North Carolina | state | 2013 | $18,658 | tax credit/rebate | |
| Armstrong Hardwood Flooring | American Industrial Partners | North Carolina | state | 2013 | $1,727 | tax credit/rebate | |
| Bob's Discount Furniture LLC | Bain Capital | Connecticut | state | 2015 | $340,902 | tax credit/rebate | |
| Tire Rack | Leonard Green & Partners | Connecticut | state | 2012 | $19,530 | tax credit/rebate | |
| Tire Rack | Leonard Green & Partners | Connecticut | state | 2013 | $25,530 | tax credit/rebate | |
| Wheeled Coach Industries, Inc. | American Industrial Partners | Florida | state | 2014 | $168,000 | tax credit/rebate | |
| Sedgwick Claims Management Services, Inc | KKR & Co. | Iowa | state | 2012 | $673,479 | tax credit/rebate | |
| Joseph T. Ryerson and Son, Inc. ( | Platinum Equity | Iowa | state | 2010 | $150,600 | tax credit/rebate | |
| Pregis Innovative Packaging Inc. | Warburg Pincus | Indiana | state | 2014 | $75,000 | tax credit/rebate | |
| Aleris Rolled Products, Inc./Aleris Rolled Products Manufacturing, Inc. | Oaktree Capital Management | Kentucky | state | 2014 | $750,000 | tax credit/rebate | |
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2014 | $379,317 | tax credit/rebate | |
| Providencia USA, Inc. | Blackstone | North Carolina | state | 2014 | $45,719 | tax credit/rebate | |
| Pharmaceutical Research Associates, Inc. | KKR & Co. | North Carolina | state | 2014 | $18,673 | tax credit/rebate | |
| DynCorp | Cerberus Capital Management | North Carolina | state | 2014 | $2,171 | tax credit/rebate | |
| AP Exhaust Technologies, Inc. | Audax Group | North Carolina | state | 2014 | $3,521 | tax credit/rebate | |
| Compuware Corporation | Thoma Bravo | North Carolina | state | 2014 | $13,831 | tax credit/rebate | |
| Freedom Group, Inc. | Cerberus Capital Management | North Carolina | state | 2014 | $153,675 | tax credit/rebate | |
| Compuware Corporation | Thoma Bravo | North Carolina | state | 2013 | $9,891 | tax credit/rebate | |
| Affinia Group, Inc. | Cypress Group | North Carolina | state | 2013 | $33,025 | tax credit/rebate | |
| Freedom Group, Inc. | Cerberus Capital Management | North Carolina | state | 2013 | $41,642 | tax credit/rebate | |
| Prince Minerals, Inc. | American Securities | North Carolina | state | 2012 | $1,862 | tax credit/rebate | |
| Freedom Group, Inc. | Cerberus Capital Management | North Carolina | state | 2012 | $3,347 | tax credit/rebate | |
| Remington Arms Company, Inc. | Cerberus Capital Management | North Carolina | state | 2012 | $19,353 | tax credit/rebate | |
| The Gates Corporation | Blackstone | North Carolina | state | 2014 | $1,546 | tax credit/rebate | |
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2014 | $2,725 | tax credit/rebate | |
| Sentinel Capital Partners IV, LP | Sentinel Capital Partners | North Carolina | state | 2014 | $6,500 | tax credit/rebate | |
| United Stationers Supply Co. | Sycamore Partners Management | North Carolina | state | 2014 | $26,932 | tax credit/rebate | |
| Petco | CVC Capital Partners | Nevada | state | 2014 | $90,167 | tax credit/rebate |
