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 |
|---|---|---|---|---|---|---|---|
| PetSmart 390% | BC Partners | Oregon | state | 2007 | $6,424 | tax credit/rebate | |
| PetSmart | BC Partners | Oregon | state | 2007 | $6,418 | tax credit/rebate | |
| Albertson's Store #590 / Jim Vannan | Cerberus Capital Management | Oregon | state | 2007 | $23,572 | tax credit/rebate | |
| Albertson's Store #559 / Jim Vannon | Cerberus Capital Management | Oregon | state | 2007 | $24,111 | tax credit/rebate | |
| PetSmart | BC Partners | Oregon | state | 2007 | $5,201 | tax credit/rebate | |
| PetSmart | BC Partners | Oregon | state | 2007 | $6,424 | tax credit/rebate | |
| PetSmart | BC Partners | Oregon | state | 2007 | $6,369 | tax credit/rebate | |
| PetSmart | BC Partners | Oregon | state | 2007 | $6,023 | tax credit/rebate | |
| Sierra Holdings, Inc | TPG Capital | Oregon | state | 2010 | $4,875 | tax credit/rebate | |
| Motel 6 Roseburg | Blackstone | Oregon | state | 2010 | $5,453 | tax credit/rebate | |
| Hexion Speciality Chemicals | Apollo Global Management | Oregon | state | 2010 | $3,890 | tax credit/rebate | |
| Spartech Plastics Company | Arsenal Capital Partners | Oregon | state | 2010 | $16,882 | tax credit/rebate | |
| Coaxis | TA Associates | Oregon | state | 2005 | $30,525 | training reimbursement | |
| Integra Telecom | Searchlight Capital | Oregon | state | 2004 | $69,042 | training reimbursement | |
| 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 | |
| United Stationers Supply Company | Sycamore Partners Management | Oregon | state | 2013 | $50,046 | property tax abatement | |
| United Stationers Supply Co | Sycamore Partners Management | Oregon | state | 2016 | $58,130 | property tax abatement | |
| United Stationers Supply Company | Sycamore Partners Management | Oregon | state | 2016 | $53,673 | property tax abatement | |
| Northwest Hardwoods, Inc | Littlejohn & Co. | Oregon | state | 2018 | $35,613 | tax credit/rebate | |
| Northampton Generating Co., LP | Carlyle Group | Pennsylvania | state | $125,000 | training reimbursement | ||
| Springs Window Fashions LLC | Golden Gate Capital | Pennsylvania | state | $100,000 | training reimbursement | ||
| Glen-Gery Corporation | Bain Capital | Pennsylvania | state | $64,000 | training reimbursement | ||
| Acuity Specialty Products, Inc. | New Mountain Capital | Pennsylvania | state | $45,000 | training reimbursement | ||
| Great Wolf Lodge of the Poconos, LLC | Apollo Global Management | Pennsylvania | state | $212,000 | grant | ||
| Fleetwood Motor Homes of Pennsylvania, Inc. | American Industrial Partners | Pennsylvania | state | $500,000 | tax credit/rebate | ||
| Acuity Specialty Products, Inc. | New Mountain Capital | Pennsylvania | state | $300,000 | tax credit/rebate | ||
| HomerWood Hardwood Flooring Co. | American Industrial Partners | Pennsylvania | state | $285,000 | tax credit/rebate | ||
| Gardner Denver, Inc. | KKR & Co. | Pennsylvania | state | $159,000 | tax credit/rebate | ||
| Great Wolf Lodge of the Poconos | Apollo Global Management | Pennsylvania | state | $154,000 | tax credit/rebate | ||
| Styron, LLC | Bain Capital | Pennsylvania | state | $86,000 | tax credit/rebate | ||
| Homerwood, Inc. | American Industrial Partners | Pennsylvania | state | $210,886 | loan or bond financing | ||
| Diversified Machine, Inc. | Platinum Equity | Pennsylvania | state | $160,000 | loan or bond financing | ||
| Acuity Specialty Products, Inc. | New Mountain Capital | Pennsylvania | state | $400,000 | grant | ||
| West Telemarketing Corporation II | Apollo Global Management | Pennsylvania | state | $325,000 | grant | ||
| Gardner Denver, Inc. | KKR & Co. | Pennsylvania | state | $265,000 | grant | ||
| Fleetwood Motor Homes of Pennsylvania, Inc. | American Industrial Partners | Pennsylvania | state | $250,000 | grant | ||
| Armstrong Wood Products, Inc. dba Armstrong Cabinet Products | American Industrial Partners | Pennsylvania | state | $250,000 | grant | ||
| Sinter Metals, Inc. | Melrose Industries | Pennsylvania | state | $250,000 | grant | ||
| Homerwood Hardwood Flooring Co | American Industrial Partners | Pennsylvania | state | $250,000 | grant | ||
| Styron, LLC | Bain Capital | Pennsylvania | state | $150,000 | grant | ||
| Maxim Crane Works a/k/a Anthony Crane Rental LP | Apollo Global Management | Pennsylvania | state | $100,000 | grant | ||
| Five Below, Inc. | Advent International | Pennsylvania | state | $50,000 | grant | ||
| Jostens, Inc. | Platinum Equity | Pennsylvania | state | $25,000 | grant | ||
| Kovatch Mobile Equip | American Industrial Partners | Pennsylvania | state | 2008 | $14,186 | tax credit/rebate | |
| Combined Systems, Inc. | Carlyle Group | Pennsylvania | state | 2008 | $11,005 | tax credit/rebate | |
| Galleon Pharmaceuticals, Inc. | TPG Capital | Pennsylvania | state | 2009 | $31,749 | tax credit/rebate | |
| Diversified Machine, Inc. | Platinum Equity | Pennsylvania | state | 2009 | $15,554 | tax credit/rebate | |
| Combined Systems, Inc. | Carlyle Group | Pennsylvania | state | 2009 | $8,380 | tax credit/rebate | |
| Galleon Pharmaceuticals, Inc. | TPG Capital | Pennsylvania | state | 2010 | $33,662 | tax credit/rebate | |
| Golden Brothers, Inc. | TPG Capital | Pennsylvania | state | 2010 | $5,513 | tax credit/rebate | |
| Combined Systems, Inc. | Carlyle Group | Pennsylvania | state | 2010 | $3,238 | tax credit/rebate | |
| Diversified Machine, Inc. | Platinum Equity | Pennsylvania | state | 2010 | $3,105 | tax credit/rebate | |
| Springs Window Fashions LLC | Golden Gate Capital | Pennsylvania | state | $60,000 | training reimbursement | ||
| Five Below Inc. | Advent International | Pennsylvania | state | $225,000 | tax credit/rebate | ||
| PRA International | KKR & Co. | Pennsylvania | state | $120,000 | tax credit/rebate | ||
| Avantor Performance Materials, Inc. | New Mountain Capital | Pennsylvania | state | $600,000 | tax credit/rebate | ||
| Affinia Group, Inc. | Cypress Group | Pennsylvania | state | $302,000 | tax credit/rebate | ||
| VWR International LLC | New Mountain Capital | Pennsylvania | state | $120,000 | tax credit/rebate | ||
| TCM Investments, Inc. dba Gardner Denver, Inc. | KKR & Co. | Pennsylvania | state | $200,000 | grant | ||
| Five Below Inc. | Advent International | Pennsylvania | state | $150,000 | grant | ||
| PRA International | KKR & Co. | Pennsylvania | state | $50,000 | grant | ||
| Affinia Group, Inc. | Cypress Group | Pennsylvania | state | $375,000 | grant | ||
| Galleon Pharmaceuticals, Inc. | TPG Capital | Pennsylvania | state | 2011 | $50,363 | tax credit/rebate | |
| Golden Brothers, Inc. | TPG Capital | Pennsylvania | state | 2011 | $16,263 | tax credit/rebate | |
| Diversified Machine, Inc. | Platinum Equity | Pennsylvania | state | 2011 | $7,785 | tax credit/rebate | |
| Galleon Pharmaceuticals, Inc. | TPG Capital | Pennsylvania | state | 2012 | $37,919 | tax credit/rebate | |
| Golden Brothers, Inc. (t/a Golden Technologies) | TPG Capital | Pennsylvania | state | 2012 | $18,085 | tax credit/rebate | |
| Kovatch Mobile Equipment Corp. | American Industrial Partners | Pennsylvania | state | 2012 | $10,146 | tax credit/rebate | |
| Diversified Machine, Inc. | Platinum Equity | Pennsylvania | state | 2012 | $6,438 | 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 | ||
| Web.com Group, Inc. | General Atlantic | Pennsylvania | state | 2010 | $100,000 | tax credit/rebate | |
| PetSmart, Inc. | BC Partners | Pennsylvania | state | $1,000,000 | grant | ||
| The Neiman Marcus Group, Inc | Ares Management | Pennsylvania | state | $375,000 | grant | ||
| Green Line Polymers, Inc., a wholly owned subsidiary of Advanced Drainage Systems, Inc. | American Securities | Pennsylvania | state | $225,000 | grant | ||
| CEVA Logistics US, Inc. | Apollo Global Management | Pennsylvania | state | $150,000 | grant | ||
| Haas Group International Inc | Platinum Equity | Pennsylvania | state | $100,000 | grant | ||
| Pharmaceutical Research Associates Inc | KKR & Co. | Pennsylvania | state | $750,000 | grant | ||
| 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 | ||
| 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 | |
| Combined Systems, Inc. | Carlyle Group | Pennsylvania | state | 2014 | $29,038 | tax credit/rebate | |
| Golden Brothers, Inc. (t/a Golden Technologies) | TPG Capital | Pennsylvania | state | 2014 | $24,861 | tax credit/rebate | |
| Kovatch Mobile Equipment Corp. | American Industrial Partners | Pennsylvania | state | 2014 | $19,888 | tax credit/rebate | |
| Diversified Machine, Inc. | Platinum Equity | Pennsylvania | state | 2014 | $1,549 | 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 | |
| Five Below, Inc. | Advent International | Pennsylvania | state | 2017 | $462,000 | tax credit/rebate | |
| PetSmart, Inc. | BC Partners | Pennsylvania | state | 2014 | $1,090,000 | tax credit/rebate |
