Subsidy Tracker: Industry Summary Page
Major Industry:
private equity (including portfolio companies)
Subsidy Total:
$3,407,427,107
Number of Awards:
3,319
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 |
|---|---|---|
| Apollo Global Management | $621,104,537 | 166 |
| Riverstone Holdings | $470,847,933 | 71 |
| Energy Capital Partners | $248,706,974 | 46 |
| Blackstone | $159,681,961 | 63 |
| Cerberus Capital Management | $145,651,931 | 100 |
| Bridgewater Associates | $145,000,000 | 2 |
| Onex | $142,728,768 | 75 |
| Searchlight Capital | $135,000,000 | 3 |
| Mid Oaks Investments | $130,260,586 | 29 |
| EQT AB | $121,287,896 | 46 |
Individual Subsidy Records:
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| Company | Parent | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value |
Type of Subsidy |
|---|---|---|---|---|---|---|---|
| WPS Syracuse Generation | American Securities LLC | New York | local | 2013 | $1,184,311 | tax credit/rebate; property tax abatement | |
| Life Time Fitness | Leonard Green & Partners | New York | local | 2013 | $1,685,572 | tax credit/rebate; property tax abatement | |
| WPS Beaver Falls Generation | American Securities LLC | New York | local | 2013 | $2,383,797 | tax credit/rebate; property tax abatement | |
| Covanta Hempstead Company | EQT AB | New York | local | 2013 | $14,581,570 | tax credit/rebate; property tax abatement | |
| Athens Generating Co LLP | Riverstone Holdings | New York | local | 2013 | $38,423,245 | tax credit/rebate; property tax abatement | |
| Pet Smart Inc. | BC Partners | Illinois | Local | 1996 | $800,000 | tax increment financing | |
| Jewel Foods Stores, Inc. | Cerberus Capital Management | Illinois | Local | 2005 | $4,000,000 | tax increment financing | |
| American Stores Properties, Inc. | Cerberus Capital Management | Illinois | Local | 1999 | $5,600,000 | tax increment financing | |
| Arsenal Capital Partners | Arsenal Capital Partners | Georgia | local | 2015 | $1,255,940 | tax increment financing | |
| SONIC | Roark Capital | Nebraska | local | 2018 | $152,397 | tax increment financing | |
| CoSentry Holdings, Inc. & Subsidiaries | TA Associates | Nebraska | state | 2019 | $361,380 | tax rebate | |
| Securities America Financial Corporation | Reverence Capital Partners | Nebraska | state | 2019 | $1,162,226 | tax rebate | |
| Yahoo! Inc. | Apollo Global Management | Nebraska | state | 2020 | $9,685,220 | tax rebate | |
| GKN AEROSPACE/CHEM TRONICS, INC. | Melrose Industries | California | state | 2002 | $68,640 | training reimbursement | |
| ADT SECURITY SERVICES, INC. | Apollo Global Management | California | state | 2002 | $175,240 | training reimbursement | |
| TRINET | General Atlantic | California | state | 2003 | $62,720 | training reimbursement | |
| INGRAM MICRO INC. | Platinum Equity | California | state | 2003 | $148,764 | training reimbursement | |
| CALPINE CORPORATION | Energy Capital Partners | California | state | 2003 | $215,204 | training reimbursement | |
| JOANN STORES, INC. | Leonard Green & Partners | California | state | 2003 | $320,090 | training reimbursement | |
| CARDSERVICE INTERNATIONAL, INC. | KKR & Co. | California | state | 2004 | $62,320 | training reimbursement | |
| CELESTICA, INC. (SAN JOSE FACILITY) | Onex | California | state | 2004 | $85,944 | training reimbursement | |
| SIMMONS COMPANY | Advent International | California | state | 2004 | $102,670 | training reimbursement | |
| CALPINE OPERATING SERVICES COMPANY, INC. | Energy Capital Partners | California | state | 2005 | $125,060 | training reimbursement | |
| TRINET NETWORKING AND TRAINING, INC. | General Atlantic | California | state | 2005 | $1,004,019 | training reimbursement | |
| GKN AEROSPACE CHEM-TRONICS, INC. | Melrose Industries | California | state | 2006 | $28,793 | training reimbursement | |
| PREGIS CORPORATION | Olympus Partners | California | state | 2006 | $53,040 | training reimbursement | |
| GKN AEROSPACE TRANSPARENCY SYSTEMS INC. | Melrose Industries | California | state | 2007 | $64,240 | training reimbursement | |
| TRINET NETWORKING & TRAINING, INC. | General Atlantic | California | state | 2007 | $167,509 | training reimbursement | |
| YAHOO SEARCH MARKETING | Apollo Global Management | California | state | 2007 | $225,762 | training reimbursement | |
| JACUZZI BRANDS, INC. | Apollo Global Management | California | state | 2007 | $396,318 | training reimbursement | |
| BROTMAN MEDICAL CENTER | Leonard Green & Partners | California | state | 2009 | undisclosed | training reimbursement | |
| PACIFIC HANDY CUTTER, INC. | Ares Management | California | state | 2009 | $15,995 | training reimbursement | |
| SEDGWICK CLAIMS MANAGEMENT SERVICES, INC. | KKR & Co. | California | state | 2009 | $65,632 | training reimbursement | |
| JACUZZI BRANDS, INC. | Apollo Global Management | California | state | 2009 | $417,031 | training reimbursement | |
| BMC SOFTWARE, INC. | Bain Capital | California | state | 2010 | $11,731 | training reimbursement | |
| HUNTER TECHNOLOGY CORPORATION | Cerberus Capital Management | California | state | 2010 | $40,088 | training reimbursement | |
| SIMMONS BEDDING COMPANY | Advent International | California | state | 2010 | $44,259 | training reimbursement | |
| YAHOO! INC. | Apollo Global Management | California | state | 2010 | $493,852 | training reimbursement | |
| TriNet Networking and Training Inc | General Atlantic | California | state | 2004 | undisclosed | training reimbursement | |
| Corporate Express Office Products | Sycamore Partners Management | California | state | 2005 | undisclosed | training reimbursement | |
| Trinet Networking & Training | General Atlantic | California | state | 2005 | undisclosed | training reimbursement | |
| Coldwater Creek | Sycamore Partners Management | Idaho | state | 1996 | $16,725 | training reimbursement | |
| Coldwater Creek | Sycamore Partners Management | Idaho | state | 1998 | $27,400 | training reimbursement | |
| TriGeo Network Security | Silver Lake | Idaho | state | 2002 | $14,465 | training reimbursement | |
| CTA Acoustics, Inc. | Cerberus Capital Management | Kentucky | state | 2006 | $25,000 | training reimbursement | |
| Duro Bag Mfg. | Wind Point Partners | Kentucky | state | 2007 | $100,000 | training reimbursement | |
| CTA Acoustics, Inc. | Cerberus Capital Management | Kentucky | state | 2007 | $67,450 | training reimbursement | |
| Remington Arms Company, Inc. | Cerberus Capital Management | Kentucky | state | 2008 | $13,653 | training reimbursement | |
| Tower Automotive Operations USA, LLC | KPS Capital Partners, LP | Kentucky | state | 2009 | $60,000 | training reimbursement | |
| Remington Arms Company, Inc. | Cerberus Capital Management | Kentucky | state | 2009 | $25,000 | training reimbursement | |
| Smoothstone IP Communications | Apollo Global Management | Kentucky | state | 2009 | $25,000 | training reimbursement | |
| Remington Arms Co. Inc. | Cerberus Capital Management | Kentucky | state | 2009 | $25,000 | training reimbursement | |
| Duro Bag Mfg. | Wind Point Partners | Kentucky | state | 2009 | $25,000 | training reimbursement | |
| LEDCO Inc. | Oaktree Capital Management | Kentucky | state | 2009 | $21,202 | training reimbursement | |
| Remington Arms Company, Inc. | Cerberus Capital Management | Kentucky | state | 2010 | $100,000 | training reimbursement | |
| Smoothstone IP Communications | Apollo Global Management | Kentucky | state | 2011 | $25,000 | training reimbursement | |
| Duro Bag Mfg. Company | Wind Point Partners | Kentucky | state | 2011 | $24,996 | training reimbursement | |
| CTA Acoustics, Inc. | Cerberus Capital Management | Kentucky | state | 2006 | $100,000 | training reimbursement | |
| CTA Acoustics, Inc. | Cerberus Capital Management | Kentucky | state | 2008 | $100,000 | training reimbursement | |
| Staples Contract & Commercial, Inc. | Sycamore Partners Management | Kentucky | state | 2009 | $24,740 | training reimbursement | |
| Remington Arms Co., Inc. | Cerberus Capital Management | Kentucky | state | 2010 | $38,000 | training reimbursement | |
| ADCO Products, Inc. | American Securities LLC | Michigan | state | 2010 | $14,000 | training reimbursement | |
| Warner Power Conversion | Ares Management | New Hampshire | state | 2010 | $65,100 | training reimbursement | |
| Warner Power Conversion | Ares Management | New Hampshire | state | 2011 | $46,595 | training reimbursement | |
| Hussey Copper Corporation | KPS Capital Partners, LP | Pennsylvania | state | $200,000 | training reimbursement | ||
| Ingram Micro, Inc. | Platinum Equity | Pennsylvania | state | $162,102 | training reimbursement | ||
| Ingram Micro, Inc. | Platinum Equity | Pennsylvania | state | $147,316 | 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 | ||
| CoSentry | TA Associates | South Dakota | state | 2011 | $1,000 | training reimbursement | |
| Servicemaster Company | Roark Capital | Tennessee | state | 2008 | undisclosed | training reimbursement | |
| Armstrong Wood Products | American Industrial Partners | West Virginia | state | 2008 | $13,495 | training reimbursement | |
| Coldwater Creek | Sycamore Partners Management | West Virginia | state | 2008 | $13,530 | training reimbursement | |
| Simonton Building Products Inc. | Clayton Dubilier & Rice | West Virginia | state | 2008 | $60,534 | training reimbursement | |
| West Point Products | Golden Gate Capital | West Virginia | state | 2008 | $26,250 | training reimbursement | |
| Williams Lea, Inc. | Advent International | West Virginia | state | 2008 | $40,000 | training reimbursement | |
| Williams Lea, Inc. | Advent International | West Virginia | state | 2009 | $82,990 | training reimbursement | |
| Simonton Building Products Inc. | Clayton Dubilier & Rice | West Virginia | state | 2009 | $60,534 | training reimbursement | |
| Armstrong Wood Products | American Industrial Partners | West Virginia | state | 2009 | $21,595 | training reimbursement | |
| Armstrong Wood Products | American Industrial Partners | West Virginia | state | 2010 | $14,475 | training reimbursement | |
| Coldwater Creek | Sycamore Partners Management | West Virginia | state | 2010 | $60,035 | training reimbursement | |
| Simonton Building Products Inc. | Clayton Dubilier & Rice | West Virginia | state | 2010 | $60,534 | training reimbursement | |
| Swanson Plating Company, Inc. | AEA Investors | West Virginia | state | 2010 | $20,000 | training reimbursement | |
| Williams Lea, Inc. | Advent International | West Virginia | state | 2010 | $42,990 | training reimbursement | |
| Milk Specialties Global | American Securities LLC | Nebraska | state | 2009 | $81,000 | training reimbursement | |
| Yahoo! | Apollo Global Management | Nebraska | state | 2009 | $1,060,000 | training reimbursement | |
| Coaxis | TA Associates | Oregon | state | 2005 | $30,525 | training reimbursement | |
| Selmet, Inc. | Warburg Pincus | Oregon | state | 2006 | $27,522 | training reimbursement | |
| Selmet, Inc. | Warburg Pincus | Oregon | state | 2007 | $27,522 | training reimbursement | |
| Yahoo! | Apollo Global Management | Oregon | state | 2006 | $30,356 | training reimbursement | |
| Yahoo! | Apollo Global Management | Oregon | state | 2004 | $34,976 | training reimbursement | |
| Payless ShoeSource Worldwide, Inc | Golden Gate Capital | Kansas | state | 2007 | $8,131 | training reimbursement | |
| Corporate Express-IntelMail Division | Sycamore Partners Management | Kansas | state | 2008 | $10,000 | training reimbursement | |
| Plastic Packaging Technologies, LLC | Mid Oaks Investments | Kansas | state | 2008 | $16,800 | training reimbursement | |
| Simmons Bedding Company | Advent International | Kansas | state | 2008 | $35,471 | training reimbursement | |
| Gates Corporation | Blackstone | Kansas | state | 2009 | $6,100 | training reimbursement | |
| Jostens, Inc | Platinum Equity | Kansas | state | 2009 | $9,000 | training reimbursement | |
| Payless ShoeSource Worldwide, Inc | Golden Gate Capital | Kansas | state | 2009 | $69,295 | training reimbursement | |
| Aeroflex | Advent International | Kansas | state | 2010 | $200,000 | training reimbursement | |
| Gates Corporation | Blackstone | Kansas | state | 2010 | $9,450 | training reimbursement |
Download results as or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)
or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)
