Carolwood to acquire Indian Motorcycle business from Polaris.

Carolwood, an independent private equity firm, agreed to acquire Indian Motorcycle business from Polaris, an automotive manufacturer. Financial terms were not disclosed. “Indian Motorcycle is an iconic brand built on American heritage, craftsmanship, and most importantly, a community of riders. We’re honored to help usher in its next chapter as an independent company and to support its continued growth as a symbol of performance and pride. At Carolwood, we target iconic brands that we can passionately impact. Indian Motorcycle allows us to do just that," Andrew Shanfeld, Carolwood Principal.