Big News for Golf Cart Users: Club Car Could Fetch $2 Billion in Potential Sale
Posted by Intermountain Golf Cars Team | November 24, 2025
Hey, golf cart enthusiasts and fairway cruisers – if you’ve been rolling in a Club Car Onward, Tempo, Villager or other Club Car brand, we’ve got some blockbuster news straight from the industry grapevine that could shake up the world of low-speed luxury. According to a fresh report from Golf Car News (originally breaking in September 2025), private equity powerhouse Platinum Equity is eyeing a massive sale of Club Car – the iconic brand behind some of the most reliable rides on the course. We’re talking a potential valuation north of $2 billion. Yeah, you read that right – that’s a serious green jacket for the golf car giant.
For those new to the game, Platinum Equity scooped up Club Car back in 2021 from industrial titan Ingersoll-Rand for about $1.7 billion. Fast-forward a few years of smart growth, and now the firm’s tapping Goldman Sachs to quarterback the deal in its early stages. Sources close to the action (who, naturally, stayed anonymous because Wall Street whispers are hush-hush) say the buzz is already drawing a crowd of fellow buyout firms hungry for a slice of this pie. Why the hype? Club Car’s cranking out more than $200 million in annual EBITDA (that’s earnings before all the boring stuff like interest, taxes, depreciation, and amortization). Not too shabby for a company that’s been steering the industry since the late 1950s, when it pioneered golf cars with actual steering wheels – because who wants to chase your ride down a hill?
If you’re picturing Club Car as just those zippy carts ferrying you from tee to green, think bigger. This powerhouse supplies the likes of the Professional Golfers’ Association of America (PGA), keeping pros and fans moving seamlessly during tournaments. Beyond the fairways, they’re big in tourism, powering short-haul adventures at resorts, campuses, and parks worldwide. And don’t forget the aftercare: With a global network of over 350 distributors and dealers, they’ve got your back on everything from tune-ups to tire swaps. Here at Intermountain Golf Cars, with headquarters in Sandy, Utah, and its 10 dealerships, we’re proud to be one of those trusted dealers – stocking fresh Club Car models and keeping our community cruising smooth.
Of course, no golf story’s complete without a nod to the competition. Club Car’s arch-rival, E-Z-GO, is under the wing of Textron (you know, the folks who build Cessna jets – talk about flying high). But with Club Car’s track record of innovation and reliability, this potential sale could mean exciting times ahead: new ownership injecting fresh capital, maybe even more cutting-edge features like electric upgrades or smart tech integrations.
What does this mean for you, our local golf warriors and neighborhood explorers? Well, if history’s any guide, big moves like this often lead to enhanced product lines and better deals for dealers like us. We’re already seeing that in our year-end blowout on new Club Car Onwards – 0% financing on select models (if you qualify), free test drives, and prices that won’t bogey your budget. Swing by our main lot at 9115 South 700 East, Sandy, UT 84070, or give us a ring at (801) 255-8828 to chat about grabbing one before the holiday rush.
As this story develops (we’ll keep our eyes peeled for updates from Reuters and beyond), one thing’s clear: Club Car’s legacy of quality isn’t slowing down. Whether it’s powering your next birdie or your daily commute, these carts are built to last – and apparently, worth a fortune.
What are your thoughts? Is a $2B sale a hole-in-one for Club Car’s future, or just par for the course in private equity? Drop a comment below, and let’s tee off the discussion!
Sources: Golf Car News (September 2025), Reuters.com