EQT-backed BBS Automation, a provider of automation solutions, agreed to acquire ReaLead, a founder-led Chinese automation business. Financial terms were not disclosed. "The addition of ReaLead is well-aligned with our intention of strengthening our global network and increasing our Chinese presence to continue enabling our customers the best possible automation solutions and service. Kevin and our new Chinese colleagues are energetic and motivated, and we are excited to welcome them to the BBS family," Josef Wildgruber, BBS Automation CEO.