Endless LLP sells Ink Ltd. to The Stagwell Group

U.K. turnaround specialist Endless sells travel media company Ink Ltd. to U.S. investment firm The Stagwell Group. Financial details of the deal were not disclosed. The transaction sees the business find a new home in The Stagwell Group. Together the two companies will pursue the mission of leading the travel media industry through premium content creation and distribution to this growing global market. The transaction delivers a market leading 7.7x return for Endless.