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 |
|---|---|---|---|---|---|---|---|
| Jetro Cash & Carry Enterprises Inc. | Leonard Green & Partners | New York | state | 2007 | $16,747 | enterprise zone | |
| Hexion Specialty Chemicals, Inc. | Apollo Global Management | Louisiana | state | 2009 | $16,733 | Enterprise zone | |
| Coldwater Creek | Sycamore Partners Management | Idaho | state | 1996 | $16,725 | training reimbursement | |
| Staples | Sycamore Partners Management | New York | state | 2004 | $16,680 | enterprise zone | |
| Jetro Cash & Carry | Leonard Green & Partners | New York | local | 2003 | $16,672 | tax credit/rebate; property tax abatement | |
| Mercury Payment Systems LLC | Silver Lake | Colorado | state | 2007 | $16,500 | grant | |
| Safeway Store 1248 | Cerberus Capital Management | Colorado | state | 2017 | $16,493 | tax credit/rebate | |
| ADT Security Systems - 265 Thruway | Apollo Global Management | New York | local | 2010 | $16,392 | tax credit/rebate; property tax abatement | |
| Noramco, Inc. | SK Capital Partners | Delaware | state | 2014 | $16,371 | training reimbursement | |
| Staples | Sycamore Partners Management | New York | state | 2004 | $16,320 | enterprise zone | |
| Ryerson | Platinum Equity | Delaware | state | 2014 | $16,317 | training reimbursement | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2010 | $16,288 | enterprise zone | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2010 | $16,288 | enterprise zone | |
| Golden Brothers, Inc. | TPG Capital | Pennsylvania | state | 2011 | $16,263 | tax credit/rebate | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2009 | $16,069 | tax credit/rebate; property tax abatement | |
| Gardner Denver Thomas | KKR & Co. | Louisiana | state | 2011 | $16,031 | property tax abatement | |
| ECOATM, INC. | Apollo Global Management | United States | federal | 2012 | $16,000 | federal grant | |
| PACIFIC HANDY CUTTER, INC. | Ares Management | California | state | 2009 | $15,995 | training reimbursement | |
| PETCO ANIMAL SUPPLIES STORES INC | CVC Capital Partners | Maine | state | 2017 | $15,962 | property tax abatement | |
| ENVIVA LP | Riverstone Holdings | United States | federal | 2012 | $15,931 | federal grant | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2005 | $15,785 | enterprise zone | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2004 | $15,700 | enterprise zone | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2004 | $15,700 | enterprise zone | |
| Jetro Cash & Carry Enterprises, LLC #3 (2010) | Leonard Green & Partners | New York | local | 2012 | $15,674 | multiple | |
| JDA Software, Inc. | New Mountain Capital | Maryland | state | 2018 | $15,581 | tax credit/rebate | |
| Diversified Machine, Inc. | Platinum Equity | Pennsylvania | state | 2009 | $15,554 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2004 | $15,520 | enterprise zone | |
| Save A Lot | Onex | New York | state | 2005 | $15,500 | enterprise zone | |
| Gardner Denver Thomas | KKR & Co. | Louisiana | state | 2013 | $15,283 | property tax abatement | |
| Jetro Cash & Carry | Leonard Green & Partners | New York | local | 2004 | $15,074 | tax credit/rebate; property tax abatement | |
| Jetro Cash & Carry Enterprises Inc. | Leonard Green & Partners | New York | state | 2006 | $15,032 | enterprise zone | |
| NORTHCENTER FOODSERVICE LLC | Blackstone | Maine | state | 2010 | $14,993 | property tax abatement | |
| PETCO ANIMAL SUPPLIES STORES I | CVC Capital Partners | Maine | state | 2009 | $14,967 | property tax abatement | |
| Safeway Store 8402 | Cerberus Capital Management | Colorado | state | 2014 | $14,875 | tax credit/rebate | |
| Sterigenics US LLC | Warburg Pincus | New York | state | 2011 | $14,847 | enterprise zone | |
| Osmose, Inc. | Oaktree Capital Management | New York | local | 2003 | $14,754 | tax credit/rebate; property tax abatement | |
| GKN AEROSPACE CHEM-TRONICS INC DBA ASTECH ENGINEERED | Melrose Industries | California | state | 2018 | $14,694 | training reimbursement | |
| Joseph T. Ryerson and Son, Inc. | Platinum Equity | Colorado | state | 2019 | $14,581 | tax credit/rebate | |
| Armstrong Wood Products | American Industrial Partners | West Virginia | state | 2010 | $14,475 | training reimbursement | |
| Apex Tool Group, LLC | Bain Capital | North Carolina | state | 2015 | $14,474 | tax credit/rebate | |
| TriGeo Network Security | Silver Lake | Idaho | state | 2002 | $14,465 | training reimbursement | |
| PETSMART INC | BC Partners | Maine | state | 2016 | $14,453 | property tax abatement | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2008 | $14,449 | enterprise zone | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2008 | $14,449 | enterprise zone | |
| Jetro Cash & Carry Enterprises Inc. | Leonard Green & Partners | New York | state | 2006 | $14,333 | enterprise zone | |
| Kovatch Mobile Equip | American Industrial Partners | Pennsylvania | state | 2008 | $14,186 | tax credit/rebate | |
| WPS Beaver Falls Generation | American Securities | New York | local | 2009 | $14,178 | tax credit/rebate; property tax abatement | |
| Save A Lot | Onex | New York | state | 2015 | $14,125 | enterprise zone | |
| ORS NASCO, LLC | Sycamore Partners Management | Oklahoma | state | 2015 | $14,116 | grant | |
| PETSMART INC | BC Partners | Maine | state | 2017 | $14,106 | property tax abatement | |
| JO-ANN STORES INC | Leonard Green & Partners | Maine | state | 2012 | $14,050 | property tax abatement | |
| ADCO Products, Inc. | American Securities | Michigan | state | 2010 | $14,000 | training reimbursement | |
| ADT, LLC | Apollo Global Management | Florida | local | 2015 | $14,000 | grant | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2012 | $13,946 | enterprise zone | |
| Dayton Parts | AEA Investors | Oklahoma | state | 2016 | $13,938 | property tax abatement | |
| Freedom Group, Inc. | Cerberus Capital Management | North Carolina | state | 2015 | $13,928 | tax credit/rebate | |
| Compuware Corporation | Thoma Bravo | North Carolina | state | 2014 | $13,831 | tax credit/rebate | |
| Compuware Corporation | Thoma Bravo | North Carolina | state | 2014 | $13,831 | tax credit/rebate | |
| Remington Arms Company, Inc. | Cerberus Capital Management | Kentucky | state | 2008 | $13,653 | training reimbursement | |
| VERTAFORE INC | TPG Capital | Washington | state | 2011 | $13,622 | tax credit/rebate | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2016 | $13,606 | tax credit/rebate | |
| Aleris Rolled Products | Oaktree Capital Management | Kentucky | state | 2007 | $13,600 | training reimbursement | |
| Safeway Store 6530 | Cerberus Capital Management | Colorado | state | 2013 | $13,599 | tax credit/rebate | |
| Coldwater Creek | Sycamore Partners Management | West Virginia | state | 2008 | $13,530 | training reimbursement | |
| ASAP Industries LLC | Ares Management | Louisiana | state | 2013 | $13,508 | property tax abatement | |
| Save A Lot | Onex | New York | state | 2013 | $13,501 | enterprise zone | |
| Armstrong Wood Products | American Industrial Partners | West Virginia | state | 2008 | $13,495 | training reimbursement | |
| Jetro Cash & Carry Enterprises, LLC #3 (2010) | Leonard Green & Partners | New York | local | 2011 | $13,390 | multiple | |
| Jetro Cash & Carry Enterprises, Inc. #2 (2005) | Leonard Green & Partners | New York | local | 2005 | $13,386 | tax credit/rebate; property tax abatement | |
| National Bedding Company. LLC | Advent International | New York | state | 2005 | $13,350 | enterprise zone | |
| National Bedding Company. LLC | Advent International | New York | state | 2005 | $13,350 | enterprise zone | |
| GKN AEROSPACE CHEM-TRONICS INC | Melrose Industries | Washington | state | 2015 | $13,328 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2010 | $13,262 | enterprise zone | |
| Osmose, Inc. (Project # 989) | Oaktree Capital Management | New York | local | 2005 | $13,240 | tax credit/rebate; property tax abatement | |
| Jetro Cash & Carry | Leonard Green & Partners | New York | local | 2007 | $13,218 | tax credit/rebate; property tax abatement | |
| American Medical Response of Colorado, Inc | KKR & Co. | Colorado | state | 2013 | $13,103 | tax credit/rebate | |
| Jetro Cash & Carry Enterprises, Inc. | Leonard Green & Partners | New York | state | 2008 | $13,100 | enterprise zone | |
| Save A Lot | Onex | New York | state | 2011 | $13,096 | enterprise zone | |
| Joseph T. Ryerson & Son, Inc. | Platinum Equity | Colorado | state | 2016 | $13,060 | tax credit/rebate | |
| Joseph T. Ryerson and Son, Inc. | Platinum Equity | Colorado | state | 2016 | $13,060 | tax credit/rebate | |
| Unifrax Corporation | Clearlake Capital | New York | state | 2010 | $13,026 | enterprise zone | |
| Osmose, Inc. | Oaktree Capital Management | New York | local | 2004 | $13,022 | tax credit/rebate; property tax abatement | |
| Apex Tool Group | Bain Capital | Arkansas | state | 2011 | $13,000 | training reimbursement | |
| STAPLES CONTRACT & COMMERCIAL INC | Sycamore Partners Management | California | state | 2015 | $12,973 | training reimbursement | |
| PETCO ANIMAL SUPPLIES STORES INC | CVC Capital Partners | Maine | state | 2010 | $12,970 | property tax abatement | |
| Hexion Inc. | Apollo Global Management | Louisiana | state | 2015 | $12,920 | property tax abatement | |
| Osmose, Inc. | Oaktree Capital Management | New York | local | 2004 | $12,907 | tax credit/rebate; property tax abatement | |
| Hexion, Inc. | Apollo Global Management | North Carolina | state | 2015 | $12,789 | tax credit/rebate | |
| Emerald Performance Materials | American Securities | Washington | state | 2011 | $12,780 | training reimbursement | |
| FLUSHING TOWN CENTER LP | Onex | New York | state | 2015 | $12,677 | tax credit/rebate | |
| Remington Arms Company, Inc. | Cerberus Capital Management | Arkansas | state | 2010 | $12,676 | tax credit/rebate | |
| AP Exhaust Technologies, Inc. | Audax Group | North Carolina | state | 2013 | $12,626 | tax credit/rebate | |
| American Medical Response Mid-Atlantic, Inc | KKR & Co. | Virginia | state | 2015 | $12,567 | enterprise zone | |
| Sterigenics US LLC | Warburg Pincus | New York | state | 2010 | $12,565 | enterprise zone | |
| GKN SINTER METALS INCORPORATED | Melrose Industries | Ohio | state | 2013 | $12,545 | grant | |
| GKN SINTER METALS INCORPORATED | Melrose Industries | Ohio | state | 2013 | $12,545 | training reimbursement | |
| BLUESTONE NATURAL RES LLC | NGP Energy Capital | Oklahoma | state | 2013 | $12,451 | grant | |
| Osmose, Inc. | Oaktree Capital Management | New York | local | 2003 | $12,432 | tax credit/rebate; property tax abatement | |
| Jetro Cash & Carry Enterprises, LLC #3 (2010) | Leonard Green & Partners | New York | local | 2017 | $12,431 | multiple | |
| Jetro Cash & Carry Enterprises, LLC #3 (2010) | Leonard Green & Partners | New York | local | 2018 | $12,331 | multiple | |
| Safeway Store 1532 | Cerberus Capital Management | Colorado | state | 2014 | $12,260 | tax credit/rebate |
