Polaris - M&A Summary and Business Overview

AutomotiveCompany

Polaris M&A Summary

Polaris has acquired 19 companies. A total of 4 acquisitions came from private equity firms. It has also divested 2 assets.

Polaris’ largest acquisition to date was in 2018, when it acquired Boat Holdings for $805M. Polaris has acquired in 10 different US states, and 3 countries. The Company’s most targeted sectors include automotive (67%) and consumer products (12%).

Polaris Business Overview

Where is Polaris headquartered?

Polaris is headquartered in Medina, Minnesota.

What is Polaris’ revenue?

Polaris disclosed revenue of 8,589M USD for 2022 and 8,198M USD for 2021.

How many employees does Polaris have?

Polaris has 15,000 employees.

What sector is Polaris in?

Polaris is an automotive company.

When was Polaris founded?

Polaris was founded in 1954.

M&A Summary

  • M&A Total Activity20
    • M&A Buy Activity18
    • M&A Sell Activity2
  • Total Sectors Invested 5
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 7
  • M&A Advisors 5

Polaris

Polaris Inc.

2100 Highway 55,
Medina, Minnesota 55340
United States,
(763) 542-0500
www.polaris.com

Polaris designs, engineers, manufactures and markets off-road vehicles, including all-terrain vehicles (ATVs) and the Polaris RANGER and RZR side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered vehicles. Polaris was founded in 1954 and is based in Medina, Minnesota.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 18 - - - - - 18
vol $1.5B $1.5B
Sell (0.2/yr) # 1 - - 1 - - 2
  20

Most Recent M&A

Company Date Value Type
Transamerican Auto Parts Co. 2022-06-16 - Trade Sale
Compton, California · www.transamericanautoparts.com
WSI Industries, Inc. 2018-11-06 24M USD Add-on Acquisition
Monticello, Minnesota · www.wsiindustries.com
FLW LLC 2018-11-01 - Stake Purchase
Benton, Kentucky · www.flwfishing.com
Boat Holdings LLC 2018-05-30 805M USD Add-on Acquisition
Elkhart, Indiana
Brammo, Inc. 2017-10-16 - Divestiture
Talent, Oregon · www.brammo.com
Transamerican Auto Parts Co. 2016-10-12 665M USD Add-on Acquisition
Compton, California · www.transamericanautoparts.com
Taylor-Dunn Corp. 2016-03-07 - Add-on Acquisition
Anaheim, California
509, Inc. 2016-01-04 - Add-on Acquisition
Spokane, Washington · www.ride509.com
Timbersled Products, Inc. 2015-04-22 - Add-on Acquisition
Ponderay, Idaho · www.timbersled.com
Hammerhead Off-Road, Inc. 2015-02-18 - Add-on Acquisition
Flower Mound, Texas · www.hammerheadoffroad.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 12 (67%) 1.5B (100%) 2 (100%) -
Apparel/Textiles 2 (11%) - - -
Consumer Products 2 (11%) - - -
Machinery 1 (6%) - - -
Media 1 (6%) - - -
Total 18 $1.5B 2 -

By Geo

State/Country Buy Value Sell Value
United States 15 1.5B 2 -
  California 3 665M 1 -
  Idaho 3 - - -
  Minnesota 2 24M - -
  Oregon 1 - 1 -
  Wisconsin 1 - - -
  Washington 1 - - -
  Texas 1 - - -
  North Carolina 1 - - -
  Kentucky 1 - - -
  Indiana 1 805M - -
France 2 - - -
Switzerland 1 - - -
Domestic 15 (83%) 1.5B (100%) 2 (100%) -
Cross-border 3 (17%) - - -
Total 18 $1.5B 2 -

Top M&A Advisors

Financial Deals
Goldman Sachs
1
Robert W. Baird & Co., Inc.
1
BofA Securities
1
Legal Deals
Faegre Baker Daniels LLP
2
Simpson Thacher & Bartlett
1

Deal Values

buy # Total
$100M to $1B 2 $1.5B
< $100M 1 $24M
TOTAL $1.5B
Largest Boat Holdings LLC
$805M (2018-05-30)

M&A Connections

Deals
Acquired from
Investor(s)
17%
3 (17%)
Strategic(s)
6%
1 (6%)
Divested to
Strategic(s)
100%
2 (100%)

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