# Balfour Beatty sells 12.5% stake in Connect Plus to Dalmore Capital for £103m

Balfour Beatty sold a 12.5% stake in M25 operator Connect Plus to private equity firm Dalmore Capital for £103m. The deal is expected to generate a £53m profit for Balfour Beatty.

- Type: Acquisition
- Announced: 2017-12-21
- Where: United Kingdom
- Value: $137.0M (103.0M GBP)
- Status: completed
- Products: road operation and maintenance services

## Companies

- [Balfour Beatty](https://endata.com/companies/13673.md)
- [Dalmore Capital](https://endata.com/companies/28966.md) (acquirer)
- [Connect Plus](https://endata.com/companies/28967.md) (target)

## Sources

- [building.co.uk](https://www.building.co.uk/news/balfour-beatty-sells-stake-in-m25-operator-for-103m/5091242.article), 2017-12-21: "This transaction emphasises the ongoing attractiveness of our infrastructure assets and is in line with our declared intent to maximise value for shareholders."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.