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 |
|---|---|---|---|---|---|---|---|
| ORS NASCO, LLC | Sycamore Partners Management | Oklahoma | state | 2014 | $22,234 | grant | |
| ORS NASCO, LLC | Sycamore Partners Management | Oklahoma | state | 2014 | $19,582 | grant | |
| BLUESTONE NATURAL RESOURCES LL | NGP Energy Capital | Oklahoma | state | 2014 | $9,029 | grant | |
| Wheeled Coach Industries, Inc. | American Industrial Partners | Florida | state | 2014 | $168,000 | tax credit/rebate | |
| Pregis Innovative Packaging Inc. | Warburg Pincus | Indiana | state | 2014 | $75,000 | tax credit/rebate | |
| Aleris Rolled Products, Inc./Aleris Rolled Products Manufacturing, Inc. | Oaktree Capital Management | Kentucky | state | 2014 | $750,000 | tax credit/rebate | |
| The Gates Corporation | Blackstone | Kentucky | state | 2014 | $37,000 | training reimbursement | |
| Angus Chemical Company | Golden Gate Capital | Louisiana | local | 2014 | $112,694 | property tax abatement | |
| Angus Chemical Company | Golden Gate Capital | Louisiana | local | 2014 | $1,744,587 | property tax abatement | |
| ASAP Industries LLC | Ares Management | Louisiana | local | 2014 | $82,239 | property tax abatement | |
| ASAP Industries LLC | Ares Management | Louisiana | local | 2014 | $124,875 | property tax abatement | |
| Cornerstone Chemical Company | Littlejohn & Co. | Louisiana | local | 2014 | $689,201 | property tax abatement | |
| Cornerstone Chemical Company | Littlejohn & Co. | Louisiana | local | 2014 | $563,652 | property tax abatement | |
| Cornerstone Chemical Company | Littlejohn & Co. | Louisiana | local | 2014 | $600,381 | property tax abatement | |
| Cornerstone Chemical Company | Littlejohn & Co. | Louisiana | local | 2014 | $651,575 | property tax abatement | |
| Cornerstone Chemical Company | Littlejohn & Co. | Louisiana | local | 2014 | $632,386 | property tax abatement | |
| Cornerstone Chemical Company | Littlejohn & Co. | Louisiana | local | 2014 | $571,048 | property tax abatement | |
| Gardner Denver Thomas | KKR & Co. | Louisiana | local | 2014 | $38,275 | property tax abatement | |
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2014 | $379,317 | tax credit/rebate | |
| Providencia USA, Inc. | Blackstone | North Carolina | state | 2014 | $45,719 | tax credit/rebate | |
| Pharmaceutical Research Associates, Inc. | KKR & Co. | North Carolina | state | 2014 | $18,673 | tax credit/rebate | |
| DynCorp | Cerberus Capital Management | North Carolina | state | 2014 | $2,171 | tax credit/rebate | |
| AP Exhaust Technologies, Inc. | Audax Group | North Carolina | state | 2014 | $3,521 | tax credit/rebate | |
| Compuware Corporation | Thoma Bravo | North Carolina | state | 2014 | $13,831 | tax credit/rebate | |
| Freedom Group, Inc. | Cerberus Capital Management | North Carolina | state | 2014 | $153,675 | tax credit/rebate | |
| The Gates Corporation | Blackstone | North Carolina | state | 2014 | $1,546 | tax credit/rebate | |
| Frontier Spinning Mills, Inc. | American Securities | North Carolina | state | 2014 | $2,725 | tax credit/rebate | |
| Sentinel Capital Partners IV, LP | Sentinel Capital Partners | North Carolina | state | 2014 | $6,500 | tax credit/rebate | |
| United Stationers Supply Co. | Sycamore Partners Management | North Carolina | state | 2014 | $26,932 | tax credit/rebate | |
| Petco | CVC Capital Partners | Nevada | state | 2014 | $90,167 | tax credit/rebate | |
| Petco | CVC Capital Partners | Nevada | state | 2014 | $956,129 | tax credit/rebate | |
| Petco | CVC Capital Partners | Nevada | state | 2014 | $1,853,036 | tax credit/rebate | |
| GKN Driveline Newton, LLC | Melrose Industries | North Carolina | state | 2014 | $3,535,000 | grant | |
| GKN Driveline North America, Inc. II | Melrose Industries | North Carolina | state | 2014 | $1,340,000 | grant | |
| C & M FINE PACK INC | Mid Oaks Investments | Indiana | local | 2014 | $1,625,410 | property tax abatement | |
| FXI INC | One Rock Capital Partners | Indiana | local | 2014 | $2,575,130 | property tax abatement | |
| Jostens, Inc. | Platinum Equity | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Nordyne, LLC | Melrose Industries | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Nordyne, LLC | Melrose Industries | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Jostens, Inc. | Platinum Equity | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Jostens, Inc. | Platinum Equity | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| HUNTER TECHNOLOGY CORP | Cerberus Capital Management | California | state | 2014 | $59,706 | training reimbursement | |
| BROTMAN MEDICAL CENTER, INC. | Leonard Green & Partners | California | state | 2014 | $497,344 | training reimbursement | |
| Stant USA Corp. | H.I.G. Capital | Indiana | state | 2014 | $750,000 | tax credit/rebate | |
| GKN Sinter Metals, LLC | Melrose Industries | Indiana | state | 2014 | $150,000 | tax credit/rebate | |
| Ellie Mae, Inc. | Thoma Bravo | Nebraska | state | 2014 | undisclosed | tax credit/rebate | |
| Freedom Group, Inc. | Cerberus Capital Management | North Carolina | state | 2014 | $153,675 | tax credit/rebate | |
| Compuware Corporation | Thoma Bravo | North Carolina | state | 2014 | $13,831 | tax credit/rebate | |
| Multi-Color Corporation | Platinum Equity | Ohio | state | 2014 | $415,317 | tax credit/rebate | |
| Columbus Steel Castings Company | Protostar Partners | Ohio | state | 2014 | $1,796,912 | 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 | |
| ATTACHMATE CORPORATION | Golden Gate Capital | Washington | state | 2014 | $96,920 | tax credit/rebate | |
| VERTAFORE INC | TPG Capital | Washington | state | 2014 | $22,743 | tax credit/rebate | |
| ENERGYSOLUTIONS FEDERAL EPC INC | Energy Capital Partners | Washington | state | 2014 | $214,529 | tax credit/rebate | |
| VERTAFORE INC | TPG Capital | Washington | state | 2014 | $11,715 | tax credit/rebate | |
| ALDER BIOPHARMACEUTIC INC | TPG Capital | Washington | state | 2014 | $5,580 | tax credit/rebate | |
| ENERGYSOLUTIONS FEDERAL EPC INC | Energy Capital Partners | Washington | state | 2014 | $27,198 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2014 | $39,786 | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2014 | $28,729 | tax credit/rebate | |
| NORTH PACIFIC PAPER CORP | One Rock Capital Partners | Washington | state | 2014 | $578,650 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2014 | $254,191 | tax credit/rebate | |
| NORTHWEST HARDWOODS INC | Littlejohn & Co. | Washington | state | 2014 | $247,437 | tax credit/rebate | |
| PORT TOWNSEND PAPER CORPORATION | Lindsay Goldberg | Washington | state | 2014 | $79,618 | tax credit/rebate | |
| Vertafore | TPG Capital | Washington | state | 2014 | $40,650 | training reimbursement | |
| Luke Paper | Apollo Global Management | West Virginia | state | 2014 | $2,693 | training reimbursement | |
| Northwest Hardwoods Inc. | Littlejohn & Co. | West Virginia | state | 2014 | $37,500 | training reimbursement | |
| Portillo's Food Service, Inc. | Berkshire Partners | Illinois | state | 2014 | $88,900 | tax credit/rebate | |
| Southern Illinois Riverboat/Casino Cruises, Inc. | Apollo Global Management | Illinois | state | 2014 | $56,185 | tax credit/rebate | |
| GKN AEROSPACE CHEM-TRONICS INC | Melrose Industries | Washington | state | 2014 | undisclosed | tax credit/rebate | |
| PEXCO LLC | AEA Investors | Washington | state | 2014 | undisclosed | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2014 | undisclosed | tax credit/rebate | |
| SAFEWAY INC | Cerberus Capital Management | Washington | state | 2014 | undisclosed | tax credit/rebate | |
| Springs Window Fashions | Golden Gate Capital | Michigan | state | 2014 | $4,000 | training reimbursement | |
| GKN Driveline North America Inc | Melrose Industries | Michigan | state | 2014 | $1,000,000 | grant/loan hybrid program | |
| GKN Driveline North America Inc | Melrose Industries | Michigan | state | 2014 | $149,000 | property tax abatement | |
| GKN Driveline North America Inc | Melrose Industries | Michigan | state | 2014 | $1,646,000 | property tax abatement | |
| GKN Driveline North America Inc | Melrose Industries | Michigan | state | 2014 | $60,000 | tax credit/rebate | |
| GKN Driveline North America Inc | Melrose Industries | Michigan | state | 2014 | $448,000 | tax credit/rebate | |
| MERCURY PAYMENT SYSTEMS LLC | Silver Lake | Colorado | state | 2014 | $74,827 | tax credit/rebate | |
| Mercury Payment Systems, LLC | Silver Lake | Colorado | state | 2014 | $59,527 | tax credit/rebate | |
| Safeway Store 2341 | Cerberus Capital Management | Colorado | state | 2014 | $40,313 | tax credit/rebate | |
| Safeway Store 2917 | Cerberus Capital Management | Colorado | state | 2014 | $31,686 | tax credit/rebate | |
| Safeway Store 6530 | Cerberus Capital Management | Colorado | state | 2014 | $22,960 | tax credit/rebate | |
| Safeway Store 8402 | Cerberus Capital Management | Colorado | state | 2014 | $14,875 | tax credit/rebate | |
| Mercury Payment Systems, LLC | Silver Lake | Colorado | state | 2014 | $46,808 | tax credit/rebate | |
| Safeway Store 1532 | Cerberus Capital Management | Colorado | state | 2014 | $12,260 | tax credit/rebate | |
| Safeway Store 1644 | Cerberus Capital Management | Colorado | state | 2014 | $11,590 | tax credit/rebate | |
| Safeway Store 2246 | Cerberus Capital Management | Colorado | state | 2014 | $11,056 | tax credit/rebate | |
| American Medical Response of Colorado, Inc. | KKR & Co. | Colorado | state | 2014 | $32,874 | tax credit/rebate | |
| Safeway Store 8103 | Cerberus Capital Management | Colorado | state | 2014 | $7,826 | tax credit/rebate | |
| Safeway Store 2810 | Cerberus Capital Management | Colorado | state | 2014 | $6,811 | tax credit/rebate | |
| Safeway Store 8277 | Cerberus Capital Management | Colorado | state | 2014 | $6,708 | tax credit/rebate | |
| Safeway Store 1587 | Cerberus Capital Management | Colorado | state | 2014 | $3,539 | tax credit/rebate | |
| Safeway Store 617 | Cerberus Capital Management | Colorado | state | 2014 | $3,203 | tax credit/rebate | |
| Joseph T. Ryerson and Son, Inc. | Platinum Equity | Colorado | state | 2014 | $3,003 | tax credit/rebate | |
| Charlotte Russe, Inc. | Advent International | Colorado | state | 2014 | $2,901 | tax credit/rebate | |
| Safeway Store 2824 | Cerberus Capital Management | Colorado | state | 2014 | $2,607 | tax credit/rebate | |
| American Medical Response of Colorado, Inc. | KKR & Co. | Colorado | state | 2014 | $7,386 | tax credit/rebate |
