Carolwood LP Acquires Majority Stake in Indian Motorcycle from Polaris
February 13, 2026
Polaris has completed the separation of Indian Motorcycle into a standalone business and sold a majority stake in the brand to Carolwood LP, an independent private equity firm based in Los Angeles. Financial terms were not disclosed; Polaris said the divestiture allows it to sharpen focus on core powersports businesses while Indian Motorcycle will operate independently under new majority ownership.
- Buyers
- Carolwood LP
- Targets
- Indian Motorcycle
- Sellers
- Polaris Inc.
- Industry
- Automotive
- Location
- Minnesota, United States
- Transaction Type
- Divestiture
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