Indian Motorcycle announced that it will retain the majority of its team after the sale.
Polaris Industries announced the sale of Indian Motorcycles to California-based Carolwood LP, a private equity firm, on Monday, October.
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.
Author's summary: Polaris Industries sells Indian Motorcycle to Carolwood LP.