Indian Motorcycle announced that it will retain the majority of its team after being sold by Polaris Industries.
According to KUOO Radio, Indian Motorcycles is being acquired by Carolwood LP, a California-based 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.
Author's summary: Polaris Industries sells Indian Motorcycle to Carolwood LP.