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 |
|---|---|---|---|---|---|---|---|
| AVANTOR PERFORMANCE MATERIALS, INC. | New Mountain Capital | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| AVENTAIL CORPORATION | Silver Lake | Washington | state | 2004 | $85,260 | tax credit/rebate | |
| AVENTAIL CORPORATION | Silver Lake | Washington | state | 2005 | $89,923 | tax credit/rebate | |
| AXLE TECH INTERNATIONAL LLC | Carlyle Group | Michigan | local | 2010 | undisclosed | property tax abatement | |
| AXLE TECH INTERNATIONAL LLC | Carlyle Group | Michigan | local | 2010 | undisclosed | property tax abatement | |
| AxleTech, LLC | Carlyle Group | Michigan | state | 2010 | $1,042,269 | tax credit/rebate | |
| B DALTON BOOKSELLER LLC | Elliott Management | Maine | state | 2009 | $1,106 | property tax abatement | |
| 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 | TSG Consumer Partners | Virginia | state | 2012 | $300,000 | grant | |
| Backcountry.com, Inc. | TSG Consumer Partners | Virginia | state | 2012 | $150,000 | training reimbursement | |
| Barnes & Noble | Elliott Management | Virginia | local | 2013 | $10,000 | tax credit/rebate | |
| Barnes & Noble | Elliott Management | Virginia | local | 2014 | $4,313 | tax credit/rebate | |
| Barnes & Noble | Elliott Management | Virginia | local | 2015 | $9,270 | tax credit/rebate | |
| Barnes & Noble | Elliott Management | Virginia | local | 2016 | $9,071 | tax credit/rebate | |
| Barnes & Noble | Elliott Management | Virginia | local | 2013 | $1,271 | tax credit/rebate | |
| Barnes & Noble | Elliott Management | Virginia | local | 2014 | $4,533 | tax credit/rebate | |
| Barnes & Noble | Elliott Management | Virginia | local | 2015 | $4,569 | tax credit/rebate | |
| Barnes & Noble | Elliott Management | Virginia | local | 2016 | $4,453 | tax credit/rebate | |
| Barnes & Noble | Elliott Management | Virginia | local | 2017 | $4,237 | tax credit/rebate | |
| BARNES & NOBLE BOOKSELLERS INC | Elliott Management | Maine | state | 2010 | $4,444 | property tax abatement | |
| BARNES & NOBLE BOOKSELLERS INC | Elliott Management | Maine | state | 2009 | $5,210 | property tax abatement | |
| BARNES & NOBLE BOOKSELLERS INC | Elliott Management | Maine | state | 2011 | $4,749 | property tax abatement | |
| BARNES & NOBLE BOOKSELLERS INC | Elliott Management | Maine | state | 2012 | $4,624 | property tax abatement | |
| BARNES & NOBLE COLLEGE BOOKSELLERS, LLC | Elliott Management | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| BARNES & NOBLE COLLEGE BOOKSELLERS, LLC | Elliott Management | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| Barnes & Noble College Booksellers, LLC | Elliott Management | New Jersey | state | 2003 | $1,342,800 | grant | |
| Barnes & Noble, Inc. | Elliott Management | New Jersey | state | 1997 | $337,680 | grant | |
| BARNES AND NOBLE.COM | Elliott Management | Tennessee | local | 2007 | $17,107 | property tax abatement | |
| Barracuda Networks | Thoma Bravo | Michigan | state | 2013 | $85,150 | property tax abatement | |
| Barracuda Networks | Thoma Bravo | Michigan | state | 2013 | $2,898,000 | tax credit/rebate | |
| Barracuda Networks | Thoma Bravo | Michigan | state | 2018 | $750,000 | tax credit/rebate | |
| Belk | Sycamore Partners Management | South Carolina | state | 2012 | $29,198 | training reimbursement | |
| Belk Administration Company | Sycamore Partners Management | North Carolina | state | 2016 | $35,670 | tax credit/rebate | |
| Belk, Inc. | Sycamore Partners Management | South Carolina | state | 2012 | $100,000 | grant | |
| Belk, Inc. | Sycamore Partners Management | South Carolina | state | 2013 | $300,000 | grant | |
| Belk, Inc. | Sycamore Partners Management | Louisiana | state | 2015 | $202,978 | enterprise zone | |
| Belk, Inc. | Sycamore Partners Management | North Carolina | state | 2016 | $23,188 | tax credit/rebate | |
| Belk, Inc. | Sycamore Partners Management | North Carolina | state | 2015 | $41,126 | tax credit/rebate | |
| Belk, Inc. #372 | Sycamore Partners Management | Louisiana | state | 2008 | $358,024 | Enterprise Zone | |
| Benco | Apollo Global Management | Minnesota | local | 2004 | $260,360 | tax credit/rebate and grant | |
| Bergdorf Goodman | Ares Management | New York | local | 2003 | $45,295 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman | Ares Management | New York | local | 2004 | $48,489 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2005 | $48,127 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2006 | $57,477 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2007 | $48,694 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2009 | $17,383 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 1998 | $430,688 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2010 | $76,910 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2008 | $18,106 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2011 | $97,727 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 1998 | $455,954 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2012 | $66,678 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2013 | $72,021 | tax credit/rebate; property tax abatement | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2014 | $74,737 | tax credit/rebate | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2015 | $94,630 | tax credit/rebate | |
| Bergdorf Goodman, Inc. | Ares Management | New York | local | 2016 | $37,362 | tax credit/rebate | |
| Big Tex Trailer Manufacturing, Inc. | Bain Capital | Georgia | state | 2010 | $360,000 | grant | |
| Big Tex Trailer Manufacturing, Inc. | Bain Capital | United States | federal | 2007 | $600,000 | federal loan or loan guarantee | |
| Big Tex Trailer Manufacturing, Inc. | Bain Capital | United States | federal | 2008 | $600,000 | federal loan or loan guarantee | |
| Big Tex Trailer Manufacturing, Inc. | Bain Capital | United States | federal | 2015 | $400,000 | federal loan or loan guarantee | |
| Big Tex Trailer Manufacturing, Inc. | Bain Capital | United States | federal | 2016 | $500,000 | federal loan or loan guarantee | |
| Big Tex Trailer Manufacturing, Inc. | Bain Capital | United States | federal | 2017 | $500,000 | federal loan or loan guarantee | |
| BIG TEX TRAILER MANUFACTURING, INC. | Bain Capital | Oklahoma | state | 2009 | $129,260 | tax credit/rebate | |
| BIG TEX TRAILER MANUFACTURING, INC. | Bain Capital | Oklahoma | state | 2010 | $247,462 | tax credit/rebate | |
| BIG TEX TRAILER MANUFACTURING, INC. | Bain Capital | Oklahoma | state | 2011 | $513,032 | tax credit/rebate | |
| BLACKLINE SYSTEMS INC | Silver Lake | California | local | 2012 | undisclosed | tax credit/rebate | |
| BlackLine Systems, Inc. | Silver Lake | California | state | 2015 | $1,100,000 | tax credit/rebate | |
| BLOUNT INTERNATIONAL, INC. (FREDERICK MFG INC) | American Securities | Missouri | state | 2012 | $81,012 | tax credit/rebate | |
| Blue Bird Body Co. | American Securities | Georgia | state | 2003 | $11,000,000 | grant | |
| BLUE BIRD BODY COMPANY | American Securities | United States | federal | 2018 | $4,487,059 | federal grant | |
| BLUE BIRD BODY COMPANY | American Securities | United States | federal | 2018 | $4,487,059 | federal grant | |
| BLUE BIRD BODY COMPANY | American Securities | United States | federal | 2019 | $4,487,059 | federal grant | |
| BlueLinx | Cerberus Capital Management | New York | local | 2007 | $134,737 | tax credit/rebate; property tax abatement | |
| BlueLinx | Cerberus Capital Management | New York | local | 2009 | $61,522 | tax credit/rebate; property tax abatement | |
| BlueLinx | Cerberus Capital Management | New York | local | 2010 | $58,409 | tax credit/rebate; property tax abatement | |
| BlueLinx | Cerberus Capital Management | New York | local | 2008 | $145,130 | tax credit/rebate; property tax abatement | |
| BlueLinx Corp. (Georgia Pacific) | Cerberus Capital Management | New York | local | 2006 | $146,312 | tax credit/rebate; property tax abatement | |
| 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 | |
| BMC Software Texas LP | Bain Capital | Texas | state | 1999 | undisclosed | property tax abatement | |
| BMC Software Texas LP | Bain Capital | Texas | state | 2000 | undisclosed | property tax abatement | |
| BMC Software Texas LP #1 | Bain Capital | Texas | state | 2001 | undisclosed | property tax abatement | |
| BMC Software Texas LP #1 | Bain Capital | Texas | state | 2002 | undisclosed | property tax abatement | |
| BMC Software Texas LP #1 | Bain Capital | Texas | state | 2003 | undisclosed | property tax abatement | |
| BMC Software Texas LP #2 | Bain Capital | Texas | state | 2001 | undisclosed | property tax abatement | |
| BMC Software Texas LP #2 | Bain Capital | Texas | state | 2002 | undisclosed | property tax abatement | |
| BMC Software Texas LP #2 | Bain Capital | Texas | state | 2003 | undisclosed | property tax abatement | |
| BMC Software Texas LP #3 | Bain Capital | Texas | state | 2001 | undisclosed | property tax abatement | |
| BMC Software Texas LP #3 | Bain Capital | Texas | state | 2002 | undisclosed | property tax abatement | |
| BMC Software Texas LP #3 | Bain Capital | Texas | state | 2003 | undisclosed | property tax abatement |
