Quick wins for a faster PC:
Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →Carolwood LP bought a majority stake in Indian Motorcycle from Polaris Inc., and the sale closed on February 2, 2026. Indian Motorcycle is now a standalone company; Polaris retained a small equity position. The companies did not disclose the sale price or exact ownership split.
Who bought Indian Motorcycle?
The buyer is Carolwood LP, an independent private equity firm based in Los Angeles. Polaris announced the completed sale on February 2, 2026. Although Polaris first announced the planned transaction in October 2025, the February announcement confirms that it closed.
Polaris described Carolwood as a multi-strategy firm founded in 2014. The company said Carolwood seeks assets with repositioning potential and long-term growth opportunities, and has infrastructure to help businesses become standalone companies. Those are Polaris’s descriptions of the buyer, not an independent assessment of its strategy.
What changed in the ownership?
Indian Motorcycle separated from Polaris and became a standalone business focused solely on motorcycles, according to the companies. Polaris retained a small equity position, but the parties did not publish an exact percentage or additional transaction terms. The sale price was not disclosed.
#1 Best Overall
- Men’s Script Patch Trucker Hat: Stay cool and comfortable on hot, sunny days with this breathable mesh trucker hat.
- High-Quality Fabric: Made with a 100% cotton front and 100% polyester mesh back for optimal comfort, breathability, and durability.
- Embroidered Patch: Features an embroidered Indian Motorcycle patch on the front and a stylish curved bill.
- Small leather logo patch on the side
- “Built in 1901” stitched into the back
The timeline is straightforward: Polaris subsidiaries entered a definitive agreement to sell the business on October 10, 2025, according to the SEC filing; Polaris and Indian Motorcycle announced completion on February 2, 2026.
What does the change mean for Indian Motorcycle?
Leadership
Mike Kennedy became CEO of Indian Motorcycle. Polaris described him as a motorcycle-industry veteran with more than 30 years of experience. His previous roles included leading RumbleOn and Vance & Hines, as well as 26 years at Harley-Davidson.
Rank #2
- Indian Motorcycle Graphics: Designed with a printed graphic on the front to elevate everyday style.
- Adjustability: Features a hood with adjustable drawcords for added functionality and clean look.
- Functional Design: Includes a spacious kangaroo pocket to keep your hands warm or stash your essentials.
Employees and facilities
Indian Motorcycle said approximately 900 employees transitioned to the new company. The company announced that manufacturing would be based at its existing facilities in Spirit Lake, Iowa, and Monticello, Minnesota. Industrial design, technology, and product development were to continue at existing centers in Burgdorf, Switzerland, and Wyoming, Minnesota.
Dealers, service, and customer support
The announcements said motorcycle and parts, garments, and accessories sales would continue through Indian Motorcycle’s global dealer network, with service and customer support continuing under the new ownership. These are company-announced arrangements; they do not by themselves establish how service or product availability will perform over time.
Rank #3
- Long-sleeve t-shirt with classic script logo
- Indian Motorcycle logo in a weathered look for a vintage feel
- Patch on sleeve
- Indian Motorcycle logo on back near neck and "Since 1901" towards bottom
- Classic Fit: The most comfortable and roomy fit, an easy-to-wear essential for everyday use
Why did Polaris sell the business?
Polaris said the separation would sharpen its focus on its core growth businesses. Carolwood and Indian Motorcycle described the new company’s dedicated focus on motorcycles as a benefit of the standalone structure. These are the parties’ stated rationales and goals, rather than independently demonstrated results.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What did Indian Motorcycle say about its direction?
CEO Mike Kennedy said, “Built in America is not a slogan.” The company described American manufacturing as a strategic emphasis, while also announcing design, technology, and product-development work at facilities in Switzerland and Minnesota. The statement does not mean every component or business operation is domestic.
Rank #4
- Motorcycle Biker Culture design. American Motorcycle Indian Bikers Club Motorcycle Biker original art. A fun biker design for the person with a free spirit and loves to ride his motorcycle 24/7!
- American Motorcycle Indian Bikers Club Motorcycle Biker club. This fictitious motorcycle club is a fun design to wear anywhere your heart desires. Especially the motorcycle lover in your life!
- Lightweight, Classic fit, Double-needle sleeve and bottom hem
Indian Motorcycle says it was founded in 1901 and marks its 125th anniversary in 2026. Its new ownership therefore begins as the brand reaches that milestone, but the anniversary does not alter the terms or scope of the sale.
Quick Recap
Best Value
- 100% Polyester Fleece: Stay warm and comfortable with our high-quality polyester fleece fabric.
- Embroidered Script Logo: Indian Motorcycle script logo across the chest.
- Circular Script Logo: Classic logo design on the back for added style.
- Patch Details: American flag and Indian Motorcycle patches on the sleeves.
- High Collar: Designed to keep out the cold and provide extra warmth.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
