M&A Deal Summary

Mullen Automotive Acquires Mullen Automotive

On June 15, 2020, Mullen Automotive acquired automotive company Mullen Automotive

Acquisition Highlights
  • This is Mullen Automotive’s 1st transaction in the Automotive sector.
  • This is Mullen Automotive’s 5th transaction in the United States.
  • This is Mullen Automotive’s 1st transaction in California.

M&A Deal Summary

Date 2020-06-15
Target Mullen Automotive
Sector Automotive
Buyer(s) Mullen Automotive
Deal Type Merger

Target

Mullen Automotive

Brea, California, United States
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. With an end-to-end ecosystem that supports owners from test driving to financing and services through a unique hybrid dealership model, customers are supported through every aspect of EV ownership. Mullen Automotive was founded in 2014 and is based in Brea, California.

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Buyer(S) 1

Buyer

Mullen Automotive

Brea, California, United States

Category Company
Sector Automotive
Employees326
Revenue 66M USD (2020)
DESCRIPTION

Mullen Automotive is a licensed vehicle manufacturer that operates in various verticals of the businesses, focusing in the automotive industry: Mullen Automotive, Mullen Energy, Mullen Auto Sales, Mullen Funding Corp. and CarHub. Each of these divisions provide Mullen with diversity of different products and services within the automotive industry. Mullen Automotive is based in Brea, California.


DEAL STATS #
Overall 6 of 6
Sector (Automotive) 1 of 1
Type (Merger) 1 of 1
State (California) 1 of 1
Country (United States) 5 of 5
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-11 PayOnline System

Moscow, Russia

PayOnline System LLC provides payment solutions for e-Commerce enterprises.

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