Polaris has announced the sale of a majority stake in Indian Motorcycle to Carolwood LP, a Los Angeles-based private equity firm.
This deal marks a significant shift for one of America's most historic motorcycle brands and is expected to close in the first quarter of 2026.
The transaction is projected to boost Polaris' adjusted annual EBITDA by approximately $50 million and its earnings per share by roughly one dollar.
Polaris will retain a minority equity position in the new Indian Motorcycle company.
Author's summary: Polaris sells Indian Motorcycle to Carolwood LP.