March 14 (Reuters) - Private equity firm Platinum Equity

has hired advisers to explore a sale of Club Car that could

value the golf cart maker at more than $2 billion, including

debt, people familiar with the matter said.

Platinum Equity is in the early stages of working with

investment bank Goldman Sachs ( GS ) on the sale, which is

expected to attract interest from buyout firms, the sources

said.

Club Car generates 12-month earnings before interest, taxes,

depreciation and amortization (EBITDA) of more than $200

million, the sources added, requesting anonymity because the

matter is confidential.

Platinum Equity and Goldman Sachs ( GS ) declined to comment.

Club Car produced its first golf carts with steering wheels

in the late 1950s. They are used by the biggest organizations in

the circuit such as the Professional Golfers' Association of

America, and in tourism and other sectors to move people across

short distances. The company also maintains and repairs its

carts, working with over 350 distributors and dealers worldwide,

its website showed.

Platinum Equity acquired Club Car from industrial components

maker Ingersoll-Rand ( IR ) in 2021 for about $1.7 billion. One

of its competitors, E-Z-GO, is owned by Textron ( TXT ), maker

of the Cessna business jet.