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 |
|---|---|---|---|---|---|---|---|
| American Medical Response of Colorado, Inc. | KKR & Co. | Colorado | state | 2014 | $7,386 | tax credit/rebate | |
| Safeway Store 2917 | Cerberus Capital Management | Colorado | state | 2013 | $2,216 | tax credit/rebate | |
| Safeway Store 344 | Cerberus Capital Management | Colorado | state | 2013 | $2,203 | tax credit/rebate | |
| Safeway Store 1045 | Cerberus Capital Management | Colorado | state | 2013 | $2,177 | tax credit/rebate | |
| Safeway Store 1071 | Cerberus Capital Management | Colorado | state | 2013 | $2,163 | tax credit/rebate | |
| Safeway Store 1760 | Cerberus Capital Management | Colorado | state | 2014 | $2,032 | tax credit/rebate | |
| Safeway Store 2915 | Cerberus Capital Management | Colorado | state | 2014 | $1,922 | tax credit/rebate | |
| Safeway Store 1681 | Cerberus Capital Management | Colorado | state | 2013 | $1,903 | tax credit/rebate | |
| Safeway Store 3723 | Cerberus Capital Management | Colorado | state | 2014 | $1,875 | tax credit/rebate | |
| Safeway Store 344 | Cerberus Capital Management | Colorado | state | 2014 | $1,850 | tax credit/rebate | |
| Safeway Store 2817 | Cerberus Capital Management | Colorado | state | 2013 | $1,780 | tax credit/rebate | |
| Safeway Store 1131 | Cerberus Capital Management | Colorado | state | 2014 | $1,722 | tax credit/rebate | |
| Safeway Store 1644 | Cerberus Capital Management | Colorado | state | 2013 | $1,578 | tax credit/rebate | |
| Safeway Store 322 | Cerberus Capital Management | Colorado | state | 2014 | $1,569 | tax credit/rebate | |
| Safeway Store 722 | Cerberus Capital Management | Colorado | state | 2013 | $1,566 | tax credit/rebate | |
| Safeway Store 722 | Cerberus Capital Management | Colorado | state | 2014 | $1,549 | tax credit/rebate | |
| Safeway Store 1587 | Cerberus Capital Management | Colorado | state | 2013 | $1,544 | tax credit/rebate | |
| Safeway Store 1681 | Cerberus Capital Management | Colorado | state | 2014 | $1,541 | tax credit/rebate | |
| Safeway Store 320 | Cerberus Capital Management | Colorado | state | 2014 | $1,503 | tax credit/rebate | |
| Safeway Store 81212 | Cerberus Capital Management | Colorado | state | 2013 | $1,434 | tax credit/rebate | |
| Safeway Store 2520 | Cerberus Capital Management | Colorado | state | 2013 | $1,423 | tax credit/rebate | |
| Safeway Store 2817 | Cerberus Capital Management | Colorado | state | 2014 | $1,364 | tax credit/rebate | |
| Safeway Store 1045 | Cerberus Capital Management | Colorado | state | 2014 | $1,363 | tax credit/rebate | |
| Safeway Store 322 | Cerberus Capital Management | Colorado | state | 2013 | $1,346 | tax credit/rebate | |
| Safeway Store 2341 | Cerberus Capital Management | Colorado | state | 2013 | $1,322 | tax credit/rebate | |
| safeway Store 1532 | Cerberus Capital Management | Colorado | state | 2013 | $1,309 | tax credit/rebate | |
| Safeway Store 2810 | Cerberus Capital Management | Colorado | state | 2013 | $1,301 | tax credit/rebate | |
| Safeway Store 1131 | Cerberus Capital Management | Colorado | state | 2013 | $1,257 | tax credit/rebate | |
| Safeway Store 1721 | Cerberus Capital Management | Colorado | state | 2014 | $1,248 | tax credit/rebate | |
| American Medical Response of Colorado, Inc. | KKR & Co. | Colorado | state | 2014 | $1,225 | tax credit/rebate | |
| Safeway Store 1071 | Cerberus Capital Management | Colorado | state | 2014 | $1,220 | tax credit/rebate | |
| Safeway Store 1792 | Cerberus Capital Management | Colorado | state | 2013 | $1,188 | tax credit/rebate | |
| Safeway Store 1892 | Cerberus Capital Management | Colorado | state | 2014 | $1,151 | tax credit/rebate | |
| Safeway Store 320 | Cerberus Capital Management | Colorado | state | 2013 | $1,126 | tax credit/rebate | |
| Safeway Store 3723 | Cerberus Capital Management | Colorado | state | 2013 | $1,120 | tax credit/rebate | |
| Safeway Store 1892 | Cerberus Capital Management | Colorado | state | 2013 | $1,097 | tax credit/rebate | |
| Safeway Store 1863 | Cerberus Capital Management | Colorado | state | 2014 | $1,094 | tax credit/rebate | |
| Safeway Store 017 | Cerberus Capital Management | Colorado | state | 2014 | $1,090 | tax credit/rebate | |
| Safeway Store 1863 | Cerberus Capital Management | Colorado | state | 2013 | $1,082 | tax credit/rebate | |
| Safeway Store 390 | Cerberus Capital Management | Colorado | state | 2014 | $1,061 | tax credit/rebate | |
| Safeway Store 2520 | Cerberus Capital Management | Colorado | state | 2014 | $1,020 | tax credit/rebate | |
| Safeway Store 1248 | Cerberus Capital Management | Colorado | state | 2014 | $1,020 | tax credit/rebate | |
| Safeway Store 1248 | Cerberus Capital Management | Colorado | state | 2013 | $1,500 | tax credit/rebate | |
| Safeway Store 722 | Cerberus Capital Management | Colorado | state | 2013 | $1,500 | tax credit/rebate | |
| Safeway Store 8103 | Cerberus Capital Management | Colorado | state | 2014 | $1,500 | tax credit/rebate | |
| Safeway Store 2810 | Cerberus Capital Management | Colorado | state | 2014 | $2,000 | tax credit/rebate | |
| Staples Contract and Commercial Inc. | Sycamore Partners Management | Colorado | state | 2013 | $2,180 | tax credit/rebate | |
| American Medical Response of Colorado, Inc | KKR & Co. | Colorado | state | 2013 | $3,625 | tax credit/rebate | |
| MERCURY PAYMENT SYSTEMS LLC | Silver Lake | Colorado | state | 2014 | $11,415 | tax credit/rebate | |
| Athens Generating Co LLP | Riverstone Holdings | New York | local | 2014 | $23,339,794 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, LLC #3 (2010) | Leonard Green & Partners | New York | local | 2014 | $715,587 | tax credit/rebate | |
| Jetro Cash and Carry Enterprises, LLC #4 (2012) | Leonard Green & Partners | New York | local | 2014 | $659,002 | tax credit/rebate | |
| Life Time Fitness | Leonard Green & Partners | New York | local | 2014 | $547,550 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, Inc. #2 (2005) | Leonard Green & Partners | New York | local | 2014 | $345,852 | tax credit/rebate | |
| ReEnergy Black River LLC | Riverstone Holdings | New York | local | 2014 | $311,552 | tax credit/rebate | |
| Save-a-Lot | Onex | New York | local | 2014 | $112,445 | tax credit/rebate | |
| Anchor Glass Container | CVC Capital Partners | New York | local | 2014 | $106,630 | tax credit/rebate | |
| NBTY Inc. / New Measures, LLC | Carlyle Group | New York | local | 2014 | $105,282 | tax credit/rebate | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2014 | $74,737 | tax credit/rebate | |
| Unifrax 1, LLC | Clearlake Capital | New York | local | 2014 | $42,041 | tax credit/rebate | |
| Life Time Fitness | Leonard Green & Partners | New York | local | 2014 | $40,303 | tax credit/rebate | |
| National Bedding Company LLC | Advent International | New York | local | 2014 | $35,956 | tax credit/rebate | |
| WPS Beaver Falls Generation | American Securities | New York | local | 2014 | $27,910 | tax credit/rebate | |
| NBTY/Cartwright Loop/Exp. | Carlyle Group | New York | local | 2014 | $27,158 | tax credit/rebate | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2014 | $22,577 | tax credit/rebate | |
| Osmose Holding, Inc. | Oaktree Capital Management | New York | local | 2014 | $8,119 | tax credit/rebate | |
| Unifrax Corporation | Clearlake Capital | New York | local | 2014 | $1,925 | tax credit/rebate | |
| Jetro Cash & Carry | Leonard Green & Partners | New York | local | 2014 | $1,630 | tax credit/rebate | |
| Dealer Tire, LLC | Lindsay Goldberg | Ohio | state | 2016 | $1,457,000 | tax credit/rebate | |
| Sterigenics U.S., LLC | Warburg Pincus | Ohio | state | 2016 | $714,000 | tax credit/rebate | |
| Golden Brothers, Inc. | TPG Capital | Pennsylvania | state | 2015 | $31,547 | tax credit/rebate | |
| Kovatch Mobile Equipment Corp. | American Industrial Partners | Pennsylvania | state | 2015 | $4,012 | tax credit/rebate | |
| PEXCO LLC | AEA Investors | Washington | state | 2015 | $18,650 | tax credit/rebate | |
| GKN AEROSPACE CHEM-TRONICS INC | Melrose Industries | Washington | state | 2015 | $13,328 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2015 | $194,595 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2015 | $115,479 | tax credit/rebate | |
| VERTAFORE INC | TPG Capital | Washington | state | 2015 | $11,715 | tax credit/rebate | |
| ALDER BIOPHARMACEUTICALS INC | TPG Capital | Washington | state | 2015 | $5,580 | tax credit/rebate | |
| NORTH PACIFIC PAPER CORPORATION | One Rock Capital Partners | Washington | state | 2015 | $530,555 | tax credit/rebate | |
| NORTHWEST HARDWOODS INC | Littlejohn & Co. | Washington | state | 2015 | $253,246 | tax credit/rebate | |
| Arclin, Inc. | Lone Star Funds | Wisconsin | state | 2016 | $750,000 | tax credit/rebate | |
| Gardner Denver, Inc. | KKR & Co. | Wisconsin | state | 2016 | $2,000,000 | tax credit/rebate | |
| Aleris Rolled Products, Inc./Aleris Rolled Products Manufacturing, Inc. | Oaktree Capital Management | Kentucky | state | 2017 | $11,000,000 | tax credit/rebate | |
| Armstrong Hardwood Flooring | American Industrial Partners | North Carolina | state | 2015 | $1,727 | tax credit/rebate | |
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2016 | $2,439 | tax credit/rebate | |
| Freedom Group, Inc. | Cerberus Capital Management | North Carolina | state | 2016 | $2,464 | tax credit/rebate | |
| Neustar, Inc. | Golden Gate Capital | North Carolina | state | 2016 | $2,939 | tax credit/rebate | |
| Hexion, Inc. | Apollo Global Management | North Carolina | state | 2016 | $4,263 | tax credit/rebate | |
| AP Exhaust Holdings, Inc. | Audax Group | North Carolina | state | 2015 | $4,610 | tax credit/rebate | |
| Apex Tool Group, LLC | Bain Capital | North Carolina | state | 2016 | $9,901 | tax credit/rebate | |
| Hexion, Inc. | Apollo Global Management | North Carolina | state | 2015 | $12,789 | tax credit/rebate | |
| Freedom Group, Inc. | Cerberus Capital Management | North Carolina | state | 2015 | $13,928 | tax credit/rebate | |
| Apex Tool Group, LLC | Bain Capital | North Carolina | state | 2015 | $14,474 | tax credit/rebate | |
| Pharmaceutical Research Associates, Inc. | KKR & Co. | North Carolina | state | 2015 | $17,238 | tax credit/rebate | |
| AP Exhaust Holdings, Inc. | Audax Group | North Carolina | state | 2015 | $21,096 | tax credit/rebate | |
| Belk, Inc. | Sycamore Partners Management | North Carolina | state | 2016 | $23,188 | tax credit/rebate | |
| GKN Driveline North America, Inc. | Melrose Industries | North Carolina | state | 2016 | $32,111 | tax credit/rebate | |
| United Stationers Supply Co. | Sycamore Partners Management | North Carolina | state | 2015 | $32,220 | tax credit/rebate | |
| Belk Administration Company | Sycamore Partners Management | North Carolina | state | 2016 | $35,670 | tax credit/rebate | |
| Belk, Inc. | Sycamore Partners Management | North Carolina | state | 2015 | $41,126 | tax credit/rebate | |
| Magneti Marelli Holding USA, Inc. | KKR & Co. | North Carolina | state | 2015 | $49,280 | tax credit/rebate |
