Polaris to sell Indian Motorcycle division to private equity firm based in Los Angeles
MEDINA, Minn. (KVRR) — Medina, Minnesota based Polaris is selling off its Indian Motorcycle brand to a company in California. The company announced its decision to separate the motorcycle division into a standalone business. They have entered into a definitive agreement to sell a majority stake in Indian Motorcycle to Carolwood LP, an independent private equity firm founded in 2014…
