{"id":"b3c8a040-8a66-4a4a-985a-030fcce11db3","slug":"indian-motorcycle-x-polaris-corporate-separation","name":"Indian Motorcycle x Polaris Corporate Separation","partnershipType":"investment","status":"concluded","announcedDate":null,"startDate":null,"endDate":null,"summary":"Polaris completed the separation of Indian Motorcycle into a standalone company and sold a majority stake to Carolwood LP. Polaris previously acquired Indian Motorcycle in 2011 and operated it as a subsidiary before the 2026 spinoff to sharpen focus on core growth businesses.","sources":[{"url":"https://ir.polaris.com/news/news-details/2026/Polaris-Completes-Separation-of-Indian-Motorcycle-and-Sale-of-Majority-Stake-to-Carolwood-LP/default.aspx","title":"Polaris Completes Separation of Indian Motorcycle and Sale of Majority Stake to Carolwood LP","sourceName":"Polaris Investor Relations"}],"verificationPosture":"verified","reviewStatus":"reviewed","createdAt":"2026-08-22T19:07:28.809Z","updatedAt":"2026-08-22T19:21:48.102Z","parties":[{"id":"6dba36b7-aab3-476c-aa86-050d40acb549","partnershipId":"b3c8a040-8a66-4a4a-985a-030fcce11db3","companyId":"ac6af6d8-f612-4de9-8dfb-08946b1ac8a6","externalName":null,"role":"other","createdAt":"2026-08-22T19:07:29.198Z","company":{"id":"ac6af6d8-f612-4de9-8dfb-08946b1ac8a6","slug":"indian-motorcycle","name":"Indian Motorcycle"}},{"id":"b99c8bfc-8d70-467c-bd1c-e34f94661946","partnershipId":"b3c8a040-8a66-4a4a-985a-030fcce11db3","companyId":null,"externalName":"Polaris Inc","role":"investor_partner","createdAt":"2026-08-22T19:07:29.587Z","company":null}]}