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 |
|---|---|---|---|---|---|---|---|
| CEC Entertainment, Inc. | Apollo Global Management | Colorado | state | 2018 | $6,250 | tax credit/rebate | |
| Safeway Store 722 | Cerberus Capital Management | Colorado | state | 2019 | $5,807 | tax credit/rebate | |
| Safeway Store 2917 | Cerberus Capital Management | Colorado | state | 2019 | $5,652 | tax credit/rebate | |
| Staples | Sycamore Partners Management | Colorado | state | 2018 | $5,641 | tax credit/rebate | |
| Safeway Store 1532 | Cerberus Capital Management | Colorado | state | 2019 | $5,446 | tax credit/rebate | |
| CEC Entertainment, Inc. - 702000 | Apollo Global Management | Colorado | state | 2018 | $4,683 | tax credit/rebate | |
| Petco Animal Supplies, Inc. | CVC Capital Partners | Colorado | state | 2018 | $4,624 | tax credit/rebate | |
| CEC Entertainment, Inc. - 558000 | Apollo Global Management | Colorado | state | 2018 | $4,016 | tax credit/rebate | |
| CEC Entertainment, Inc. | Apollo Global Management | Colorado | state | 2018 | $3,830 | tax credit/rebate | |
| Safeway Store 344 | Cerberus Capital Management | Colorado | state | 2018 | $3,556 | tax credit/rebate | |
| Petco Animal Supplies, Inc. | CVC Capital Partners | Colorado | state | 2018 | $3,336 | tax credit/rebate | |
| Safeway Store 617 | Cerberus Capital Management | Colorado | state | 2019 | $3,271 | tax credit/rebate | |
| Staples | Sycamore Partners Management | Colorado | state | 2018 | $3,233 | tax credit/rebate | |
| Safeway Store 390 | Cerberus Capital Management | Colorado | state | 2018 | $2,926 | tax credit/rebate | |
| Safeway Store 1587 | Cerberus Capital Management | Colorado | state | 2019 | $2,900 | tax credit/rebate | |
| Staples | Sycamore Partners Management | Colorado | state | 2018 | $2,799 | tax credit/rebate | |
| Safeway Store 2810 | Cerberus Capital Management | Colorado | state | 2019 | $2,715 | tax credit/rebate | |
| Safeway Store 1892 | Cerberus Capital Management | Colorado | state | 2018 | $2,711 | tax credit/rebate | |
| CEC Entertainment, Inc. | Apollo Global Management | Colorado | state | 2019 | $2,567 | tax credit/rebate | |
| Safeway Store 1681 | Cerberus Capital Management | Colorado | state | 2019 | $2,556 | tax credit/rebate | |
| Safeway Store 722 | Cerberus Capital Management | Colorado | state | 2018 | $2,435 | tax credit/rebate | |
| Safeway Store 1760 | Cerberus Capital Management | Colorado | state | 2019 | $2,378 | tax credit/rebate | |
| Petco Animal Supplies, Inc. | CVC Capital Partners | Colorado | state | 2018 | $2,373 | tax credit/rebate | |
| Petco Animal Supplies, Inc. | CVC Capital Partners | Colorado | state | 2018 | $2,163 | tax credit/rebate | |
| Safeway Store 2341 | Cerberus Capital Management | Colorado | state | 2018 | $2,094 | tax credit/rebate | |
| Safeway Store 1721 | Cerberus Capital Management | Colorado | state | 2019 | $1,896 | tax credit/rebate | |
| Petco Animal Supplies, Inc. | CVC Capital Partners | Colorado | state | 2018 | $1,861 | tax credit/rebate | |
| Safeway Store 1045 | Cerberus Capital Management | Colorado | state | 2019 | $1,807 | tax credit/rebate | |
| Safeway Store 322 | Cerberus Capital Management | Colorado | state | 2019 | $1,744 | tax credit/rebate | |
| Safeway Store 017 | Cerberus Capital Management | Colorado | state | 2019 | $1,725 | tax credit/rebate | |
| Safeway Store 1760 | Cerberus Capital Management | Colorado | state | 2018 | $1,600 | tax credit/rebate | |
| Safeway Store 1587 | Cerberus Capital Management | Colorado | state | 2018 | $1,558 | tax credit/rebate | |
| Petco Animal Supplies, Inc. | CVC Capital Partners | Colorado | state | 2018 | $1,476 | tax credit/rebate | |
| Safeway Store 1721 | Cerberus Capital Management | Colorado | state | 2018 | $1,372 | tax credit/rebate | |
| Safeway Store 322 | Cerberus Capital Management | Colorado | state | 2018 | $1,336 | tax credit/rebate | |
| Safeway Store 1532 | Cerberus Capital Management | Colorado | state | 2018 | $1,335 | tax credit/rebate | |
| Safeway Store 344 | Cerberus Capital Management | Colorado | state | 2019 | $1,320 | tax credit/rebate | |
| Safeway Store 017 | Cerberus Capital Management | Colorado | state | 2018 | $1,305 | tax credit/rebate | |
| Safeway Store 617 | Cerberus Capital Management | Colorado | state | 2018 | $1,188 | tax credit/rebate | |
| Safeway Store 1892 | Cerberus Capital Management | Colorado | state | 2019 | $1,183 | tax credit/rebate | |
| Safeway Store 3728 | Cerberus Capital Management | Colorado | state | 2018 | $1,138 | tax credit/rebate | |
| Petco Animal Supplies, Inc. | CVC Capital Partners | Colorado | state | 2018 | $1,046 | tax credit/rebate | |
| Petco Animal Supplies, Inc. | CVC Capital Partners | Colorado | state | 2018 | $1,018 | tax credit/rebate | |
| Life Time Fitness | Leonard Green & Partners | Colorado | state | 2019 | $116,655 | tax credit/rebate | |
| Tire Rack, Inc. | Leonard Green & Partners | Connecticut | state | 2010 | $177,277 | tax credit/rebate | |
| Pfizer Central Research | KKR & Co. | Connecticut | state | 2000 | $5,000,000 | grant | |
| Higher One, Inc. | Providence Equity Partners | Connecticut | state | 2011 | $18,500,000 | tax credit/rebate | |
| Bridgewater Associates | Bridgewater Associates | Connecticut | state | 2012 | $115,000,000 |
MEGADEAL  |
|
| GKN Aerospace Services Structure Corporation | Melrose Industries | Connecticut | state | 2012 | $2,000,000 | grant/loan hybrid program | |
| Outbound Inc. | Apollo Global Management | Connecticut | state | 2012 | $250,000 | grant/loan hybrid program | |
| Future Food Corp. | Ares Management | Connecticut | state | 2012 | $98,517 | grant/loan hybrid program | |
| Higher One, Inc. | Providence Equity Partners | Connecticut | state | 2012 | $5,500,000 | grant | |
| Bob's Discount Furniture LLC | Bain Capital | Connecticut | state | 2015 | $340,902 | tax credit/rebate | |
| Higher One, Inc. | Providence Equity Partners | Connecticut | state | 2011 | undisclosed | Enterprise Zone | |
| Tire Rack | Leonard Green & Partners | Connecticut | state | 2012 | $19,530 | tax credit/rebate | |
| Tire Rack | Leonard Green & Partners | Connecticut | state | 2013 | $25,530 | tax credit/rebate | |
| Bob's Discount Furniture, LLC | Bain Capital | Connecticut | state | 2017 | $1,700,000 | grant/loan hybrid program | |
| Bob's Discount Furniture, LLC | Bain Capital | Connecticut | state | 2017 | $7,000,000 | grant/loan hybrid program | |
| Bob's Discount Furniture LLC | Bain Capital | Connecticut | state | 2016 | $474,486 | tax credit/rebate | |
| Bob's Discount Furniture LLC | Bain Capital | Connecticut | state | 2016 | $510,660 | tax credit/rebate | |
| Bob's Discount Furniture LLC | Bain Capital | Connecticut | state | 2017 | $571,539 | tax credit/rebate | |
| Bob's Discount Furniture LLC | Bain Capital | Connecticut | state | 2018 | $704,573 | tax credit/rebate | |
| American Medical Response of CT, Inc. | KKR & Co. | Connecticut | state | 2015 | $25,740 | tax credit/rebate | |
| Five Below, Inc. | Advent International | Delaware | state | 2010 | $250,000 | grant/loan hybrid program | |
| Five Below, Inc. | Advent International | Delaware | state | 2010 | $125,000 | grant/loan hybrid program | |
| Noramco, Inc. | SK Capital Partners | Delaware | state | 2005 | $6,375 | training reimbursement | |
| Noramco, Inc. | SK Capital Partners | Delaware | state | 2006 | $5,580 | training reimbursement | |
| Noramco, Inc. | SK Capital Partners | Delaware | state | 2007 | $11,740 | training reimbursement | |
| Noramco, Inc. | SK Capital Partners | Delaware | state | 2014 | $16,371 | training reimbursement | |
| Ryerson | Platinum Equity | Delaware | state | 2013 | $21,951 | training reimbursement | |
| Ryerson | Platinum Equity | Delaware | state | 2014 | $16,317 | training reimbursement | |
| Safeway Inc. | Cerberus Capital Management | District of Columbia | state | 2015 | $287,559 | tax credit/rebate | |
| Safeway Inc. | Cerberus Capital Management | District of Columbia | state | 2015 | $338,505 | tax credit/rebate | |
| Safeway Inc. | Cerberus Capital Management | District of Columbia | state | 2015 | $144,468 | tax credit/rebate | |
| Safeway | Cerberus Capital Management | District of Columbia | state | 2015 | $103,292 | tax credit/rebate | |
| Safeway Inc. | Cerberus Capital Management | District of Columbia | state | 2015 | $191,136 | tax credit/rebate | |
| Safeway Inc. Cpts #4202 | Cerberus Capital Management | District of Columbia | state | 2017 | $158,095 | tax credit/rebate | |
| Safeway Inc. Cpts | Cerberus Capital Management | District of Columbia | state | 2017 | $253,393 | tax credit/rebate | |
| Safeway Inc. | Cerberus Capital Management | District of Columbia | state | 2018 | $280,144 | tax credit/rebate | |
| Safeway Inc. | Cerberus Capital Management | District of Columbia | state | 2017 | $253,393 | tax credit/rebate | |
| Safeway Inc. | Cerberus Capital Management | District of Columbia | state | 2018 | $173,192 | tax credit/rebate | |
| Safeway Inc. | Cerberus Capital Management | District of Columbia | state | 2017 | $158,095 | tax credit/rebate | |
| ArrMaz Custom Chemicals, Inc. | Golden Gate Capital | Florida | state | 2005 | $220,000 | grant | |
| Hancor, Inc. | American Securities | Florida | state | 1997 | $728,330 | grant | |
| ADT Security Services, Inc. | Apollo Global Management | Florida | state | 2000 | $2,000,000 | grant | |
| Catalina Marketing Corporation | Hellman & Friedman | Florida | state | 1999 | $2,000,000 | grant | |
| Chromalloy | Carlyle Group | Florida | state | 2010 | $50,000 | training reimbursement | |
| Sparton Electronics Florida | Cerberus Capital Management | Florida | state | 2011 | $29,750 | training reimbursement | |
| TurboCombustor Technology | Carlyle Group | Florida | state | 2011 | $22,000 | training reimbursement | |
| Digital Domain Media Group | Searchlight Capital | Florida | state | 2011 | $50,000 | training reimbursement | |
| Ascend Performance Materials, LLC | SK Capital Partners | Florida | state | 2012 | $50,000 | training reimbursement | |
| CEVA Logistics | Apollo Global Management | Florida | state | 2011 | $133,224 | training reimbursement | |
| Palm Coast Data | New Mountain Capital | Florida | state | 2011 | $482,685 | training reimbursement | |
| Digital Domain Media | Searchlight Capital | Florida | state | 2011 | $379,764 | training reimbursement | |
| Ascend Performance Materials | SK Capital Partners | Florida | state | 2011 | $118,204 | training reimbursement | |
| Ascend Performance Materials, LLC | SK Capital Partners | Florida | state | 2011 | $118,204 | training reimbursement | |
| Chromalloy Castings Tampa Corporation | Carlyle Group | Florida | state | 2010 | undisclosed | tax credit/rebate | |
| Sparton Electronics Florida, Inc. | Cerberus Capital Management | Florida | state | 2009 | $936,000 | tax credit/rebate | |
| Ascend Performance Materials, LLC | SK Capital Partners | Florida | state | 2010 | $408,000 | tax credit/rebate | |
| Catalina Marketing Corporation | Hellman & Friedman | Florida | state | 2000 | $180,000 | tax credit/rebate | |
| Chromalloy Castings Tampa Corporation | Carlyle Group | Florida | state | 2009 | $585,000 | tax credit/rebate |
