Fundz

Mullen Automotive Officially Closes On Acquisition Of Elms Assets, Takes Possession Of Plant In Mishawaka, Ind., All Intellectual Property And Related Inventory

PRIVATEDec 01, 2022

Acquiring Company

Mullen

Acquired Company

Mullen Automotive

BreaAdvertisingMarketingManufacturingAutomotiveElectric Vehicle

Description

via NewMediaWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, closed on the acquisition of Electric Last Mile Solutions' (“ELMS”) assets on Nov. 30, 2022, in an all cash purchase valued at $105 million.

Quick answer

Mullen is acquiring Mullen Automotive, announced December 1, 2022.

How much did Mullen pay for Mullen Automotive?
The deal value was not disclosed.
What does Mullen do?
MullenLowe is a highly creative, integrated communications network committed to always being a challenger.
Where are Mullen and Mullen Automotive based?
Mullen Automotive is based in Brea, California, United States.
Who are the decision-makers at Mullen?
Fundz holds 1 contact at Mullen. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Advertising and Marketing

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at Mullen, and when

When Mullen changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

  • An alert the day Mullen raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Mullen, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Mullen. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Mullen

About

MullenLowe is a highly creative, integrated communications network committed to always being a challenger. We have talent filled offices in 55 markets around the world.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Mullen makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

Jenn
Likely contact at this company
••••••••@••••••••

See Jenn's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for Mullen's next move

Learn about Strategic plan

Frequently asked

Who acquired Mullen Automotive?

Mullen Automotive was acquired by Mullen. The deal was reported on December 1, 2022. MullenLowe is a highly creative, integrated communications network committed to always being a challenger. We have talent filled offices in 55 markets around the world. Mullen is privately held and operates in Advertising.

When did Mullen acquire Mullen Automotive?

Mullen's acquisition of Mullen Automotive was reported on December 1, 2022. via NewMediaWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, closed on the acquisition of Electric Last Mile Solutions' (“ELMS”) assets on Nov. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mullen Automotive do?

Mullen Automotive is a Southern California-based automotive company building the next-generation of premium electric vehicles (EVs) that are affordable and built entirely in the United States. It is privately held, operating in Manufacturing, and is based in Brea.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.