Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

Private equity deals

February 14, 2013: 11:35 AM ET

Accel-KKR has agreed to acquire Sage Nonprofit Solutions, an Austin, Texas–based provider of accounting, donor and fundraising management and grant management software to nonprofits, from Sage Group PLC (LSE: SGE). No financial terms were disclosed. www.accel-kkr.com

Kohlberg Kravis Roberts & Co. has acquired SSM Solar, a Canadian portfolio of three solar photovoltaic energy projects, from an affiliate of Starwood Energy Group. No financial terms were disclosed. www.kkr.com

Greatwide Logistics Services, a Dallas-based portfolio company of Centerbridge Capital Partners, has merged with Concord, N.C.-based Cardinal Logistics Management Inc. to form a single transportation and logistics platform with annual revenue in excess of $1 billion. No financial terms were disclosed.www.cardlog.com

GTCR
 has agreed to acquire NewWave Communications, a Sikeston, Mo.-based provider of broadband and cable TV services in the Southeast and Midwest, from Pamlico Capital. No financial terms were disclosed. GTCR will purchase NewWave via Rural Broadband Investments, an acquisition platform formed last year. www.newwavecom.com

Harris Teeter Supermarkets Inc. (NYSE: HTSI) confirmed that it has retained J.P. Morgan to help it review strategic alternatives, after being approached by two private equity firms interested in purchasing the company. Matthews, N.C.-based Harris Teeter has a market cap just north of $2 billion.www.harristeeter.com

Asahi Group Holdings (Tokyo: 2502) has filed suit in Australia against private equity firms Pacific Equity Partners (Australia) and Unitas Capital (Hong Kong), accusing them of "misleading and deceptive conduct" in their sale of New Zealand's Independent Liquor to Asahi Group in 2011. www.asahigroup-holdings.com

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About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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