Indian Motorcycle announced that the company will retain the majority of its team after being sold by Polaris Industries to California-based Carolwood LP, a private equity firm.
Polaris is confident in Indian Motorcycle’s future success under Carolwood ownership and will maintain a small equity position in the business after the transaction closes
The deal is expected to close in the first quarter of 2026. About 900 employees will transition as part of the new Indian Motorcycle Company at its manufacturing facilities in Spirit Lake and Monticello, Minnesota, including a design and technology center in Switzerland.
Author's summary: Polaris Industries sells Indian Motorcycle to Carolwood LP.