On April 24, 2025, Textron announced it sold the powersports business to an investment group led by former Arctic Cat executive (and then-Argo CEO) Brad Darling .

Following the acquisition by the investor group, Arctic Cat rehired staff and resumed operations in Minnesota in mid-2025.

Textron invested in product development, including the Wildcat XX side-by-side.

Textron, known for defense and industrial products, aimed to expand its specialized vehicles segment (E-Z-GO, Cushman) by adding Arctic Cat's snowmobiles and ATVs.

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