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 |
|---|---|---|---|---|---|---|---|
| SIMONTON BUILDING PROD INC | Clayton Dubilier & Rice | Oklahoma | state | 2012 | $56,973 | grant | |
| SIMONTON BUILDING PROD INC | Clayton Dubilier & Rice | Oklahoma | state | 2012 | $64,619 | grant | |
| WEST TELEMARKETING LP | Apollo Global Management | Oklahoma | state | 2007 | $164,004 | grant | |
| WEST TELEMARKETING LP | Apollo Global Management | Oklahoma | state | 2007 | $166,528 | grant | |
| WEST TELEMARKETING LP | Apollo Global Management | Oklahoma | state | 2007 | $196,597 | grant | |
| WEST TELEMARKETING LP | Apollo Global Management | Oklahoma | state | 2007 | $201,688 | grant | |
| FLUSHING TOWN CENTER, LP | Onex | New York | state | 2011 | $5,243,091 | tax credit/rebate | |
| FLUSHING TOWN CENTER, LP | Onex | New York | state | 2011 | $250,493 | tax credit/rebate | |
| GKN Driveline North America, Inc. | Melrose Industries | North Carolina | state | 2012 | $1,121,150 | grant | |
| GKN Driveline North America, Inc. | Melrose Industries | North Carolina | state | 2012 | $7,982 | tax credit/rebate | |
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2012 | $23,455 | tax credit/rebate | |
| Pharmaceutical Research Associates Inc. | KKR & Co. | North Carolina | state | 2012 | $115,500 | tax credit/rebate | |
| Affinia Group, Inc. | Cypress Group | North Carolina | state | 2012 | $172,814 | tax credit/rebate | |
| GKN Driveline North America, Inc. | Melrose Industries | North Carolina | state | 2012 | $305,000 | tax credit/rebate | |
| DynCorp | Cerberus Capital Management | North Carolina | state | 2012 | $360,000 | tax credit/rebate | |
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2012 | $799,911 | tax credit/rebate | |
| Providencia USA, Inc. | Blackstone | North Carolina | state | 2012 | $2,145,931 | 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 | |
| Magnetti Marelli of TN, LLC | KKR & Co. | Tennessee | state | 2013 | $2,000,000 | grant | |
| Profile Products, LLC | Mid Oaks Investments | Tennessee | state | 2012 | $75,000 | grant | |
| Team Health, Inc. | Blackstone | Tennessee | state | 2012 | $250,000 | grant | |
| American Tire Distribution Center | TPG Capital | Tennessee | state | 2013 | $248,500 | grant | |
| ADT US Holdings, Inc. | Apollo Global Management | Tennessee | state | 2013 | $100,000 | training reimbursement | |
| Armstrong Hardwood Flooring Company | American Industrial Partners | Tennessee | state | 2013 | $57,000 | training reimbursement | |
| Affinion Group, Inc. | Apollo Global Management | Tennessee | state | 2013 | $49,590 | training reimbursement | |
| Magneti Marelli of Tennessee, LLC | KKR & Co. | Tennessee | state | 2013 | $933,275 | training reimbursement | |
| Vi-Jon, Inc. | Berkshire Partners | Tennessee | state | 2013 | $100,000 | training reimbursement | |
| Intelsat | BC Partners | Virginia | state | 2013 | $1,300,000 | grant | |
| Southwest Ambulance of Tucson | KKR & Co. | Arizona | state | 2013 | undisclosed | property tax abatement | |
| Curt Manufacturing Inc. | Audax Group | Wisconsin | state | 2012 | $400,000 | tax credit/rebate | |
| Morgan Adhesives Company d/b/a MACtac | Platinum Equity | Indiana | state | 2005 | $1,440,000 | tax credit/rebate | |
| Staples, Inc. | Sycamore Partners Management | Indiana | state | 2006 | $400,000 | tax credit/rebate | |
| Joseph T. Ryerson and Son, Inc. d/b/a Ryerson Tull Coil Processing | Platinum Equity | Indiana | state | 2007 | $425,000 | tax credit/rebate | |
| Fleetwood RV, Inc. | American Industrial Partners | Indiana | state | 2010 | $9,000,000 | tax credit/rebate | |
| Summex Corporation | KKR & Co. | Indiana | state | 2011 | $825,000 | tax credit/rebate | |
| GKN Sinter Metals, LLC | Melrose Industries | Indiana | state | 2011 | $250,000 | tax credit/rebate | |
| Stant USA Corp. | H.I.G. Capital | Indiana | state | 2011 | $300,000 | tax credit/rebate | |
| CTA Acoustics, Inc. | Cerberus Capital Management | Indiana | state | 2012 | $700,000 | tax credit/rebate | |
| GTRC Services, Inc. | Ares Management | Indiana | state | 2012 | $1,500,000 | tax credit/rebate | |
| Metl-Span LLC | Clayton Dubilier & Rice | Indiana | state | 2012 | $40,000 | tax credit/rebate | |
| Neovia Logistics Services, LLC | Platinum Equity | Indiana | state | 2012 | $185,000 | tax credit/rebate | |
| Neovia Logistics Services, LLC | Platinum Equity | Indiana | state | 2012 | $820,000 | tax credit/rebate | |
| Kronos Incorporated | Hellman & Friedman | Indiana | state | 2012 | $2,500,000 | tax credit/rebate | |
| Spartech Polycom, Inc. | Arsenal Capital Partners | Indiana | state | 2013 | $235,000 | tax credit/rebate | |
| The Tire Rack, Inc. | Leonard Green & Partners | Indiana | state | 2013 | $1,500,000 | tax credit/rebate | |
| Morgan Adhesives Company d/b/a MACtac | Platinum Equity | Indiana | state | 2005 | $3,000,000 | tax credit/rebate | |
| Staples, Inc. | Sycamore Partners Management | Indiana | state | 2007 | $482,775 | tax credit/rebate | |
| Joseph T. Ryerson and Son, Inc. d/b/a Ryerson Tull Coil Processing | Platinum Equity | Indiana | state | 2007 | $1,375,500 | tax credit/rebate | |
| Fleetwood RV, Inc. | American Industrial Partners | Indiana | state | 2010 | $150,000 | tax credit/rebate | |
| Metl-Span LLC | Clayton Dubilier & Rice | Indiana | state | 2012 | $40,000 | tax credit/rebate | |
| Neovia Logistics Services, LLC | Platinum Equity | Indiana | state | 2012 | $100,000 | tax credit/rebate | |
| Neovia Logistics Services, LLC | Platinum Equity | Indiana | state | 2012 | $100,000 | tax credit/rebate | |
| Staples, Inc. | Sycamore Partners Management | Indiana | state | 2006 | $86,250 | training reimbursement | |
| Guitar Center Stores Inc. | Ares Management | Indiana | state | 2008 | $200,000 | training reimbursement | |
| Fleetwood RV, Inc. | American Industrial Partners | Indiana | state | 2010 | $100,000 | training reimbursement | |
| Anchor Glass Container Corporation | CVC Capital Partners | Indiana | state | 2011 | $58,000 | training reimbursement | |
| GKN Sinter Metals, LLC | Melrose Industries | Indiana | state | 2011 | $100,000 | training reimbursement | |
| Stant USA Corp. | H.I.G. Capital | Indiana | state | 2011 | $150,000 | training reimbursement | |
| GTRC Services, Inc. | Ares Management | Indiana | state | 2012 | $200,000 | training reimbursement | |
| CTA Acoustics, Inc. | Cerberus Capital Management | Indiana | state | 2012 | $100,000 | training reimbursement | |
| Neovia Logistics Services, LLC | Platinum Equity | Indiana | state | 2012 | $43,500 | training reimbursement | |
| Kronos Incorporated | Hellman & Friedman | Indiana | state | 2012 | $300,000 | training reimbursement | |
| Spartech Polycom, Inc. | Arsenal Capital Partners | Indiana | state | 2013 | $75,000 | training reimbursement | |
| Armstrong Hardwood Flooring Company DBA Timberland Wood Floors | American Industrial Partners | West Virginia | state | 2007 | undisclosed | tax credit/rebate | |
| Simonton Holdings, Inc. | Clayton Dubilier & Rice | West Virginia | state | 2007 | undisclosed | tax credit/rebate | |
| Armstrong Hardwood Flooring Company DBA Timberland Wood Floors | American Industrial Partners | West Virginia | state | 2007 | undisclosed | tax credit/rebate | |
| Simonton Holdings, Inc. | Clayton Dubilier & Rice | West Virginia | state | 2007 | undisclosed | tax credit/rebate | |
| Simonton Holdings, Inc. | Clayton Dubilier & Rice | West Virginia | state | 2007 | undisclosed | tax credit/rebate | |
| Coldwater Creek, Inc. | Sycamore Partners Management | West Virginia | state | 2007 | undisclosed | tax credit/rebate | |
| Coldwater Creek, Inc. | Sycamore Partners Management | West Virginia | state | 2007 | undisclosed | tax credit/rebate | |
| Simonton Holdings, Inc. | Clayton Dubilier & Rice | West Virginia | state | 2007 | undisclosed | tax credit/rebate | |
| Simonton Holdings, Inc. | Clayton Dubilier & Rice | West Virginia | state | 2007 | undisclosed | tax credit/rebate | |
| Organogenesis, Inc | Avista Capital Partners | Massachusetts | state | 2012 | $240,000 | tax credit/rebate | |
| Duro Bag Mfg. Company | Wind Point Partners | Kentucky | state | 2012 | $25,000 | training reimbursement | |
| Duro Bag Mfg. | Wind Point Partners | Kentucky | state | 2013 | $25,000 | training reimbursement | |
| NeuStar, Inc. | Golden Gate Capital | Kentucky | state | 2013 | $3,000,000 | tax credit/rebate | |
| Solarwinds | Silver Lake | Utah | state | 2013 | $32,864,576 | tax credit/rebate | |
| CEVA Logistics US, Inc. | Apollo Global Management | Pennsylvania | state | $95,000 | tax credit/rebate | ||
| Green Line Polymers, Inc., a wholly owned subsidiary of Advanced Drainage Systems, Inc. | American Securities | Pennsylvania | state | $120,000 | tax credit/rebate | ||
| Haas Group International, Inc. | Platinum Equity | Pennsylvania | state | $60,000 | tax credit/rebate | ||
| D & W Fine Pack Holdings, LLC | Mid Oaks Investments | Pennsylvania | state | $100,000 | tax credit/rebate | ||
| Northwest Hardwoods, Inc. | Littlejohn & Co. | Pennsylvania | state | $150,000 | tax credit/rebate | ||
| The Neiman Marcus Group, Inc. | Ares Management | Pennsylvania | state | $453,000 | tax credit/rebate | ||
| Vertellus Performance Materials, Inc. | Wind Point Partners | North Carolina | state | 2011 | $6,031 | tax credit/rebate | |
| AP Exhaust Technologies, Inc. | Audax Group | North Carolina | state | 2012 | $22,777 | tax credit/rebate | |
| American Tire Distributors, Inc. | TPG Capital | North Carolina | state | 2012 | $20,916 | tax credit/rebate | |
| Vertellus Performance Materials, Inc. | Wind Point Partners | North Carolina | state | 2012 | $1,379 | tax credit/rebate | |
| Vertellus Performance Materials, Inc. | Wind Point Partners | North Carolina | state | 2010 | $2,323 | tax credit/rebate | |
| Web.com Group, Inc. | General Atlantic | Pennsylvania | state | 2010 | $100,000 | tax credit/rebate | |
| Simonton Windows | Clayton Dubilier & Rice | West Virginia | state | 2012 | $70,000 | training reimbursement | |
| STANT | H.I.G. Capital | Arkansas | state | 2014 | $109,834 | tax credit/rebate | |
| ROLL COATER INC | Carlyle Group | Arkansas | state | 2013 | $158,190 | tax credit/rebate | |
| ARMSTRONG HARDWOOD FLOORING COMPANY | American Industrial Partners | Arkansas | state | 2013 | $32,000 | training reimbursement | |
| GATES CORPORATION | Blackstone | Arkansas | state | 2013 | $2,800 | training reimbursement | |
| GKN | Melrose Industries | North Carolina | state | 1993 | $240,408 | grant | |
| Corporate Express (printing) | Sycamore Partners Management | North Carolina | state | 1997 | $300,000 | grant | |
| Gates Rubber | Blackstone | North Carolina | state | 1997 | $400,000 | grant | |
| Enviva | Riverstone Holdings | North Carolina | state | 2012 | $500,000 | grant | |
| Sparton | Cerberus Capital Management | South Dakota | state | 2013 | $7,000 | grant |
