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 |
|---|---|---|---|---|---|---|---|
| Acuity Specialty Products, Inc. | New Mountain Capital | Pennsylvania | state | $300,000 | tax credit/rebate | ||
| Acuity Specialty Products, Inc. | New Mountain Capital | Pennsylvania | state | $400,000 | grant | ||
| Palm Coast Data | New Mountain Capital | Florida | state | 2011 | $482,685 | training reimbursement | |
| Ward's Natural Science Establishment Inc. | New Mountain Capital | New York | local | 2010 | $23,349 | tax credit/rebate; property tax abatement | |
| Avantor Performance Materials, Inc. | New Mountain Capital | Pennsylvania | state | $600,000 | tax credit/rebate | ||
| VWR International LLC | New Mountain Capital | Pennsylvania | state | $120,000 | tax credit/rebate | ||
| AVANTOR PERFORMANCE MATERIALS, INC. | New Mountain Capital | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| Palm Coast Data, LLC | New Mountain Capital | Florida | state | 2008 | $4,200,000 | tax credit/rebate | |
| Palm Coast Data, LLC | New Mountain Capital | Florida | state | 2008 | $3,000,000 | grant | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2008 | $95,267 | tax credit/rebate; property tax abatement | |
| Ward's Natural Science Establishment Inc. | New Mountain Capital | New York | local | 2008 | $47,065 | tax credit/rebate; property tax abatement | |
| Ward's Natural Science Establishment Inc. | New Mountain Capital | New York | local | 2011 | $11,010 | tax credit/rebate; property tax abatement | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2011 | $74,559 | tax credit/rebate; property tax abatement | |
| Manugistics | New Mountain Capital | Maryland | local | $90,000 | grant/loan hybrid program | ||
| TRC ENVIRONMENTAL CORPORATION | New Mountain Capital | Maine | state | 2013 | $11,952 | property tax abatement | |
| Manugistics Group, Inc. | New Mountain Capital | Maryland | state | 2005 | $29,625 | tax credit/rebate | |
| Manugistics Group, Inc. | New Mountain Capital | Maryland | state | 2004 | $26,409 | tax credit/rebate | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2012 | $30,665 | tax credit/rebate; property tax abatement | |
| ELECTRIC FIELD SOLUTIONS | New Mountain Capital | United States | federal | 2012 | $150,000 | federal grant | |
| STI Components Inc | New Mountain Capital | United States | federal | 2011 | $1,973,700 | federal loan or loan guarantee | |
| TRC ENVIRONMENTAL CORPORATION | New Mountain Capital | Maine | state | 2014 | $7,408 | property tax abatement | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2013 | $29,186 | tax credit/rebate; property tax abatement | |
| TRC ENVIRONMENTAL CORPORATION | New Mountain Capital | Maine | state | 2015 | $4,176 | property tax abatement | |
| ZEP, Inc. | New Mountain Capital | United States | federal | 2015 | $1,278,900 | federal loan or loan guarantee | |
| JDA Software Inc. | New Mountain Capital | Arizona | state | 2016 | $350,000 | grant | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2014 | $22,577 | tax credit/rebate | |
| TRC COMPANIES INC | New Mountain Capital | Maine | state | 2016 | $7,672 | property tax abatement | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2015 | $18,159 | tax credit/rebate | |
| JDA Software, Inc. | New Mountain Capital | Maryland | state | 2016 | $23,951 | tax credit/rebate | |
| TRC COMPANIES, INC. | New Mountain Capital | United States | federal | 2018 | $699,826 | federal grant | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2016 | $13,606 | tax credit/rebate | |
| JDA Software, Inc. | New Mountain Capital | Maryland | state | 2017 | $10,913 | tax credit/rebate | |
| TRC COMPANIES INC | New Mountain Capital | Maine | state | 2017 | $4,008 | property tax abatement | |
| TRC COMPANIES, INC. | New Mountain Capital | United States | federal | 2019 | $699,826 | federal grant | |
| Ward's Natural Science Inc. VWR Education LLC | New Mountain Capital | New York | local | 2017 | $3,908 | tax credit/rebate | |
| JDA Software, Inc. | New Mountain Capital | Maryland | state | 2018 | $15,581 | tax credit/rebate | |
| BLUESTONE NATURAL RES LLC | NGP Energy Capital | Oklahoma | state | 2011 | $2,565 | grant | |
| BLUESTONE NATURAL RES LLC | NGP Energy Capital | Oklahoma | state | 2011 | $3,045 | grant | |
| BLUESTONE NATURAL RES LLC | NGP Energy Capital | Oklahoma | state | 2012 | $3,777 | grant | |
| BLUESTONE NATURAL RES LLC | NGP Energy Capital | Oklahoma | state | 2012 | $4,147 | grant | |
| BLUESTONE NATURAL RES LLC | NGP Energy Capital | Oklahoma | state | 2012 | $8,330 | grant | |
| BLUESTONE NATURAL RES LLC | NGP Energy Capital | Oklahoma | state | 2012 | $11,988 | grant | |
| BLUESTONE NATURAL RES LLC | NGP Energy Capital | Oklahoma | state | 2013 | $6,636 | grant | |
| BLUESTONE NATURAL RES LLC | NGP Energy Capital | Oklahoma | state | 2013 | $8,362 | grant | |
| BLUESTONE NATURAL RES LLC | NGP Energy Capital | Oklahoma | state | 2013 | $12,451 | grant | |
| BLUESTONE NATURAL RESOURCES LL | NGP Energy Capital | Oklahoma | state | 2013 | $8,697 | grant | |
| BLUESTONE NATURAL RESOURCES LL | NGP Energy Capital | Oklahoma | state | 2014 | $49,314 | grant | |
| BLUESTONE NATURAL RESOURCES LL | NGP Energy Capital | Oklahoma | state | 2014 | $9,029 | grant | |
| Aleris Rolled Products | Oaktree Capital Management | Kentucky | state | 2007 | $13,600 | training reimbursement | |
| LEDCO Inc. | Oaktree Capital Management | Kentucky | state | 2009 | $21,202 | training reimbursement | |
| LEDCO, INC. | Oaktree Capital Management | Kentucky | state | 2006 | $395,100 | tax credit/rebate | |
| Aleris Rolled Products | Oaktree Capital Management | Kentucky | state | 2006 | $100,000 | training reimbursement | |
| Aleris Rolled Products | Oaktree Capital Management | Kentucky | state | 2008 | $68,108 | training reimbursement | |
| PORTS AMERICA MAINE INC | Oaktree Capital Management | Maine | state | 2010 | $4,245 | property tax abatement | |
| ALCHEM ALUMINUM INC. | Oaktree Capital Management | Michigan | local | 1992 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM, INC. | Oaktree Capital Management | Michigan | local | 1994 | undisclosed | property tax abatement | |
| IMCO RECYCLING OF MICHIGAN | Oaktree Capital Management | Michigan | local | 1997 | undisclosed | property tax abatement | |
| INTERAMERICAN ZINC INC. | Oaktree Capital Management | Michigan | local | 1997 | undisclosed | property tax abatement | |
| IMCO RECYCLING OF MICHIGAN LLC | Oaktree Capital Management | Michigan | local | 1998 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM INC | Oaktree Capital Management | Michigan | local | 1999 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM INC. | Oaktree Capital Management | Michigan | local | 2000 | undisclosed | property tax abatement | |
| IMCO RECYCLING OF MI | Oaktree Capital Management | Michigan | local | 2000 | undisclosed | property tax abatement | |
| IMCO RECYCLING OF MI LLC | Oaktree Capital Management | Michigan | local | 2000 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM INC. | Oaktree Capital Management | Michigan | local | 2000 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM INC. | Oaktree Capital Management | Michigan | local | 2000 | undisclosed | property tax abatement | |
| COMMONWEALTH INDUSTRIES | Oaktree Capital Management | Michigan | local | 2000 | undisclosed | property tax abatement | |
| IMCO RECYCLING OF MI | Oaktree Capital Management | Michigan | local | 2001 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM INC. | Oaktree Capital Management | Michigan | local | 2001 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM INC. | Oaktree Capital Management | Michigan | local | 2002 | undisclosed | property tax abatement | |
| IMCO RECYCLING OF MICHIGAN | Oaktree Capital Management | Michigan | local | 2002 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM INC | Oaktree Capital Management | Michigan | local | 2002 | undisclosed | property tax abatement | |
| INTERAMERICAN ZINC INC | Oaktree Capital Management | Michigan | local | 2002 | undisclosed | property tax abatement | |
| IMCO RECYCLING OF MICHIGAN LLC | Oaktree Capital Management | Michigan | local | 2002 | undisclosed | property tax abatement | |
| IMCO RECYCLING OF MICHIGAN LLC | Oaktree Capital Management | Michigan | local | 2003 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM INC | Oaktree Capital Management | Michigan | local | 2003 | undisclosed | property tax abatement | |
| IMCO RECYCLING OF MICHIGAN LLC | Oaktree Capital Management | Michigan | local | 2003 | undisclosed | property tax abatement | |
| INTERAMERICAN ZINC INC | Oaktree Capital Management | Michigan | local | 2003 | undisclosed | property tax abatement | |
| INTERAMERICAN ZINC INC | Oaktree Capital Management | Michigan | local | 2004 | undisclosed | property tax abatement | |
| IMCO RECYCLING OF MICHIGAN LLC | Oaktree Capital Management | Michigan | local | 2004 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM INC | Oaktree Capital Management | Michigan | local | 2004 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM INC | Oaktree Capital Management | Michigan | local | 2004 | undisclosed | property tax abatement | |
| ALCHEM ALUMINUM INC | Oaktree Capital Management | Michigan | local | undisclosed | property tax abatement | ||
| Wahpeton CDC (Primeboard) | Oaktree Capital Management | North Dakota | state | 1999 | $300,000 | loan or bond financing | |
| Primeboard Inc. | Oaktree Capital Management | North Dakota | state | 2005 | $500,000 | loan or bond financing | |
| PORTS AMERICA, INC. | Oaktree Capital Management | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| QS RETAIL, INC. | Oaktree Capital Management | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| Osmose Holdings Inc. | Oaktree Capital Management | New York | state | 2006 | $100,500 | enterprise zone | |
| Osmose Inc. | Oaktree Capital Management | New York | state | 2006 | $7,597 | enterprise zone | |
| Osmose Holdings Inc. | Oaktree Capital Management | New York | state | 2007 | $138,000 | enterprise zone | |
| Osmose Inc. | Oaktree Capital Management | New York | state | 2007 | $3,742 | enterprise zone | |
| Osmose, Inc. | Oaktree Capital Management | New York | local | 2003 | $14,754 | tax credit/rebate; property tax abatement | |
| Osmose, Inc. | Oaktree Capital Management | New York | local | 2003 | $12,432 | tax credit/rebate; property tax abatement | |
| Osmose, Inc. | Oaktree Capital Management | New York | local | 2004 | $13,022 | tax credit/rebate; property tax abatement | |
| Osmose, Inc. | Oaktree Capital Management | New York | local | 2004 | $12,907 | tax credit/rebate; property tax abatement | |
| Osmose, Inc. (Project # 989) | Oaktree Capital Management | New York | local | 2005 | $13,240 | tax credit/rebate; property tax abatement | |
| Osmose, Inc. (Project # 610) | Oaktree Capital Management | New York | local | 2005 | $11,261 | tax credit/rebate; property tax abatement | |
| Osmose, Inc. | Oaktree Capital Management | New York | local | 2006 | $12,192 | tax credit/rebate; property tax abatement | |
| Osmose, Inc. | Oaktree Capital Management | New York | local | 2006 | $1,836 | tax credit/rebate; property tax abatement | |
| Osmose Holding, Inc. | Oaktree Capital Management | New York | local | 2007 | $11,201 | tax credit/rebate; property tax abatement | |
| Osmose Holding, Inc. | Oaktree Capital Management | New York | local | 2007 | $8,872 | tax credit/rebate; property tax abatement | |
| Osmose Holding, Inc. | Oaktree Capital Management | New York | local | 2009 | $11,033 | tax credit/rebate; property tax abatement |
