6 passenger 17 MPH
8 passenger 17 MPH
4 passenger w/cargo bed or 6 passenger
Not street-legal 4 passenger
Street-legal/ 25 MPH Up to 1,400 lbs capacity w/Lithium Multiple bed options
Same as Carryall 500 but street-legal & faster Up to 25 MPH
Same as Carryall 700 but street-legal & faster Up to 25 MPH
Not street-legal Up to 2,204 lbs capacity Multiple bed options
800 lbs capacity 8.3 sq ft bed 2 passenger w/ cargo bed or 4 passenger
800 lbs capacity 11.9 sq ft bed 65" wheelbase
1,200 lbs capacity 14.5 sq ft bed 71.8" wheelbase
Same as Carryall 500 but with lower front cowl for better view
900 lbs capacity Lifted chassis for more ground clearance
1,500 lbs capacity 23.3 sq ft bed 99.1" wheelbase
1,900 lbs capacity 16.6 sq ft bed 81.5" wheelbase 19 MPH
1,450 lbs capacity 16.6 sq ft bed 81.5" wheelbase 25 MPH
1,600 lbs total payload 4 passenger 114" wheelbase 25 MPH
April 12, 2021 DAVIDSON, N.C.--(BUSINESS WIRE)-- Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, has entered into an agreement to sell its Specialty Vehicle Technologies Segment (“Club Car”) to the global private equity firm Platinum Equity. The all-cash transaction is valued at $1.68 billion, which is approximately 12.1x 2020 Specialty Vehicle Technologies Segment Adjusted EBITDA, and is expected to be completed by the third quarter of 2021, subject to customary closing conditions.
Ingersoll Rand selected Platinum Equity because of their financial, operational and marketing expertise as well as their focus and interest in the automotive industry and mobility trends. Platinum is an ideal fit for Club Car and will serve as a strong partner in driving long-term, sustainable growth for the business. “Club Car has a long history of leadership in golf, utility and consumer low-speed vehicles, and we look forward to nurturing their core business and supporting the diverse needs of the company’s customers,” said Tom Gores, chairman and chief executive officer of Platinum Equity. “We are excited to partner with the Club Car team and support the business as it executes on its strategy of operational excellence and ongoing, profitable commercial growth.”
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About Club Car
Club Car has been one of the most respected names in the golf industry for more than half a century. The Club Car product portfolio has grown to include much more than golf cars, now encompassing golf and commercial utility vehicles, multi-passenger shuttle vehicles, rough-terrain and off-road utility vehicles and street legal low-speed vehicles for commercial and consumer markets.