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Mike Kennedy
CEO of Indian Motorcycle Company; former 26-year Harley-Davidson executive with 35+ years in the motorcycle industry
2
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May 25, 2026
ShopTalk 343 Mike Kennedy Didn't Hold Back, Indian Motorcycle's Big Plans Are Out
20:38
59:19

Chris CallenHOST
They are going for it." So what can you, what can you tell anybody who's not familiar with, with who the Carrollwood LP, um, people are, and, like, and what this, what this means as far as having them behind you?
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20:49Mike KennedyGUEST
Yeah, I think, I, I think, uh, listen, Carrollwood LP is, uh, you know, we refer to them as private equity.
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20:57Mike KennedyGUEST
Um, they're, they're, they're not your typical private equity, in that they don't have outside investors, so the capital that they've raised is self-raised.
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21:06Mike KennedyGUEST
So they don't have limited partners or outside investors they have to answer to, uh, which typically in a private equity environment, you know, triggers the urgency around flipping a business.
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21:17Mike KennedyGUEST
Uh, Carrollwood guys, uh, like to say that they've never sold a business yet.
38 MINS LATER

Chris CallenHOST
And, uh, t- talk a little bit more about ARO and how this, how this is gonna, uh, unfold to the street level.
Indian's CEO Mike Kennedy on Beating Harley, Dominating King of the Baggers & What Riders Need to Hear
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22:26Ryan UrlacherHOST
I guess what made you realize, you know, "Yeah, I'm going to, uh, head over there, you know, um, and, and run this thing," you know, a direct competitor, obviously, of the company you spent most of your career at?
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22:41Mike KennedyGUEST
I mean, you know, as I said earlier, um, I think I mentioned this to you, you know, I, I, I didn't leave Harley on my own.
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22:48Mike KennedyGUEST
I, I was exited out of Harley, um, you know, pro- probably because I was too pro-dealer and the culture at the time was, uh, not pro-dealer.
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22:58Mike KennedyGUEST
Um, and again, I think the reason why I am so pro-dealer is because I was taught as a, at a, at an early age of the value of a good dealer network that's engaged with the OEM.
18 MINS LATER
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41:11Ryan UrlacherHOST
So there hasn't been a lot of information on that, and a lot of people are kinda asking questions about it.