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 |
|---|---|---|---|---|---|---|---|
| Crunch Fitness | TPG Capital | United States | federal | 2015 | $1,261,000 | federal loan or loan guarantee | |
| Golden Brothers, Inc. | TPG Capital | Pennsylvania | state | 2015 | $31,547 | tax credit/rebate | |
| J. Crew, Inc. | TPG Capital | Virginia | state | 2013 | $200,000 | enterprise zone | |
| J. Crew, Inc. | TPG Capital | Virginia | state | 2015 | $69,107 | enterprise zone | |
| J Crew, Inc. | TPG Capital | Virginia | state | 2013 | $137,900 | training reimbursement | |
| VERTAFORE INC | TPG Capital | Washington | state | 2015 | $11,715 | tax credit/rebate | |
| ALDER BIOPHARMACEUTICALS INC | TPG Capital | Washington | state | 2015 | $5,580 | tax credit/rebate | |
| ALDER BIOPHARMACEUTICALS INC | TPG Capital | Washington | state | 2016 | $5,580 | tax credit/rebate | |
| Golden Brothers, Inc. (t/a Golden Technologies) | TPG Capital | Pennsylvania | state | 2017 | $38,734 | tax credit/rebate | |
| ADARE PHARMACEUTICALS INC | TPG Capital | Ohio | state | 2019 | $21,127 | grant | |
| CRUNCH FITNESS | TPG Capital | United States | federal | 2019 | $1,435,000 | federal loan or loan guarantee | |
| VERTAFORE, INC. | TPG Capital | Washington | state | 2017 | $93,720 | tax credit/rebate | |
| ALDER BIOPHARMACEUTICALS, INC. | TPG Capital | Washington | state | 2017 | $44,639 | tax credit/rebate | |
| Backcountry.com | TSG Consumer Partners | Utah | state | 2007 | undisclosed | tax credit/rebate | |
| Backcountry.com | TSG Consumer Partners | Virginia | state | 2012 | $300,000 | grant | |
| Backcountry.com, Inc. | TSG Consumer Partners | Virginia | state | 2012 | $150,000 | training reimbursement | |
| Backcountry.com | TSG Consumer Partners | Virginia | state | 2012 | $300,000 | grant | |
| Center Leaf Partners, LLC | Warburg Pincus | Iowa | state | 2006 | $685,000 | loan or bond financing | |
| Center Leaf Partners, LLC 07-EZ-023 | Warburg Pincus | Iowa | state | 2006 | $300,097 | enterprise zone | |
| The Mutual Fund Store, LLC | Warburg Pincus | Kansas | state | 2008 | $50,400 | training reimbursement | |
| The Mutual Fund Store, LLC | Warburg Pincus | Kansas | state | 2008 | $50,000 | grant | |
| Center Leaf Partners, LLC | Warburg Pincus | Iowa | state | 2007 | $701,000 | training reimbursement | |
| Gulf Coast Energy, Inc. | Warburg Pincus | Alabama | state | 2009 | $360,616 | cost reimbursement | |
| Pregis Innovative Packaging Inc. | Warburg Pincus | Indiana | state | 2014 | $75,000 | tax credit/rebate | |
| Sterigenics U.S., LLC | Warburg Pincus | Ohio | state | 2016 | $714,000 | tax credit/rebate | |
| Sterigenics US LLC | Warburg Pincus | New York | state | 2009 | $2,374 | enterprise zone | |
| Sterigenics US LLC | Warburg Pincus | New York | state | 2010 | $12,565 | enterprise zone | |
| Sterigenics US LLC | Warburg Pincus | New York | state | 2011 | $14,847 | enterprise zone | |
| Sterigenics US LLC | Warburg Pincus | New York | state | 2012 | $31,008 | enterprise zone | |
| Sterigenics US LLC | Warburg Pincus | New York | state | 2013 | $3,297 | enterprise zone | |
| Sterigenics US LLC | Warburg Pincus | New York | state | 2014 | $28,384 | enterprise zone | |
| Sterigenics US LLC | Warburg Pincus | New York | state | 2015 | $30,963 | enterprise zone | |
| Duro Bag Mfg. | Wind Point Partners | Kentucky | state | 2007 | $100,000 | training reimbursement | |
| Duro Bag Mfg. | Wind Point Partners | Kentucky | state | 2009 | $25,000 | training reimbursement | |
| Duro Bag Mfg. Company | Wind Point Partners | Kentucky | state | 2011 | $24,996 | training reimbursement | |
| Duro Bag Manufacturing Company | Wind Point Partners | Kentucky | state | 2010 | $1,000,000 | tax credit/rebate | |
| Duro Bag Manufacturing Company | Wind Point Partners | Kentucky | state | 2000 | $1,200,000 | tax credit/rebate | |
| DURO BAG MANUFACTURING CO. | Wind Point Partners | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| Duro Bag Manufacturing Co. | Wind Point Partners | Virginia | state | 2009 | $19,738 | training reimbursement | |
| Duro Bag Manufacturing Co. | Wind Point Partners | Texas | state | 2009 | undisclosed | training reimbursement | |
| Duro Bag Mfg. | Wind Point Partners | Kentucky | state | 2012 | $25,000 | training reimbursement | |
| DURO BAG MANUFACTURING CO. | Wind Point Partners | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| Vertellus Specialties Inc | Wind Point Partners | New Jersey | state | 2011 | $125,190 | grant | |
| Duro Bag Manufacturing Co., Inc. | Wind Point Partners | New Jersey | state | 2002 | $355,446 | grant | |
| 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 | |
| Vertellus Performance Materials, Inc. | Wind Point Partners | North Carolina | state | 2011 | $6,031 | 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 | |
| Vertellus Specialties | Wind Point Partners | United States | federal | 2013 | $22,500,000 | federal loan or loan guarantee | |
| Vertellus Performance Chemicals, LLC | Wind Point Partners | United States | federal | 2016 | $4,500,000 | federal loan or loan guarantee | |
| Vertellus Performance Chemicals, LLC | Wind Point Partners | United States | federal | 2015 | $5,000,000 | federal loan or loan guarantee | |
| Vertellus Specialties, Inc. | Wind Point Partners | United States | federal | 2016 | $18,000,000 | federal loan or loan guarantee | |
| Vertellus Specialties, Inc. | Wind Point Partners | United States | federal | 2015 | $18,000,000 | federal loan or loan guarantee | |
| Vertellus Performance Chemicals, LLC | Wind Point Partners | United States | federal | 2017 | $9,000,000 | federal loan or loan guarantee | |
| Vertellus Performance Chemicals, LLC | Wind Point Partners | United States | federal | 2019 | $9,000,000 | federal loan or loan guarantee | |
| Duro Bag Manufacturing Company | Wind Point Partners | Tennessee | state | 2019 | $43,500 | grant |
