In its latest foray into Australia, KKR has reportedly offered to acquire struggling internet and telecom provider Vocus (ASX: VOC) for A$3.50 per share in cash, or A$2.18 billion (about $1.7 billion). That offer marks a premium of some 22% to the company's closing share price Monday, but it falls well below the price of Vocus stock a year ago, before that figure began to plunge.
On the whole, moves like the one KKR is proposing have become increasingly rare. Private equity activity by American investors in Australia has fallen off slightly since reaching a peak of 57 transactions in 2013, per the PitchBook Platform, with deal count declining to 48 last year. US investors have completed 19 PE investments in the nation so far this year.
A list of the firms leading the charge contains some of private equity's biggest names. Here's a full rundown of the top US-based investors Down Under since the start of 2010, including deal counts: