KKR Invests in Koerber’s $1.7 Billion Supply Chain Software Unit

KKR & Co. has invested in warehouse-management software maker Koerber AG, at a time when increasing demand pressures are forcing a reexamination of the infrastructure underpinning global supply chains.

The private equity firm will take a significant minority stake in Hamburg-based Koerber’s supply chain software business, according to a statement Tuesday. Financial terms of the transaction weren’t disclosed. The deal values the unit at more than 1.5 billion euros ($1.7 billion), people familiar with the matter said separately.

Koerber serves over 4,200 customers across a range of industries in more than 70 countries. Its supply chain business offers services ...