Business
Polaris to Separate Indian Motorcycle into a Standalone Company, Will Sell Majority Stake to Carolwood LP
Polaris Inc. (NYSE: PII) ("Polaris" or "the Company") today announced its decision to separate Indian Motorcycle ("the Business") from its portfolio and into a standalone business. The Company has entered into a definitive agreement to sell a majority stake in Indian Motorcycle to Carolwood LP, an independent private equity firm founded in 2014 and headquartered in Los Angeles, California. Indian Motorcycle contributed approximately $478 million, or 7.0%, of Polaris' revenues for the trailing tw
About this update from Polaris Inc.
[{"type":"text","content":"Separation of Indian Motorcycle Sharpens Strategic and Operating Focus for Both Polaris and Indian Motorcycle","length":109,"tagName":"p","attribs":{}},{"type":"text","content":"Enables Polaris to Concentrate Resources on Most Attractive Areas for Profitable Growth ","length":87,"tagName":"p","attribs":{}},{"type":"text","content":"Sale Expected to be Accretive to Polaris' Adjusted EBITDA Margins and Adjusted Earnings Per Share","length":101,"tagName":"p","attribs":{}},{"type":"text","content":"Polaris President of On Road and International Mike Dougherty Announces Intent to Retire","length":88,"tagName":"p","attribs":{}},{"type":"text","content":"Polaris Provides Preliminary Results for Q3 2025","length":48,"tagName":"p","attribs":{}},{"type":"text","content":"MINNEAPOLIS, Oct. 13, 2025 /PRNewswire/ -- Polaris Inc. (NYSE: PII) ("Polaris" or "the Company") today announced its decision to separate Indian Motorcycle ("the Business") from its portfolio and into a standalone business. The Company has entered into a definitive agreement to sell a majority stake in Indian Motorcycle to Carolwood LP, an independent private equity firm founded in 2014 and headquartered in Los Angeles, California. Indian Motorcycle contributed approximately $478 million, or 7.0%, of Polaris' revenues for the trailing twelve-month period ended June 30, 2025.","length":620,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Polaris Inc.) (PRNewsfoto/Polaris Inc.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Polaris Inc.) (PRNewsfoto/Polaris Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":60,"url":"https://media.zenfs.com/en/prnewswire.com/40043146761d68c96094bbbd33ce6072"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/gu0N5WPqFKJciZzaJVdPbw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEwNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/40043146761d68c96094bbbd33ce6072","width":400,"height":60}},"href":"https://mma.prnewswire.com/media/1976795/1200x180_polaris_blue_logo_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Upon close, the transaction is expected to be accretive to Polaris' annualized adjusted EBITDA by approximately $50 million and to adjusted earnings per share ("EPS") by approximately $1.00. The close of the...