AAMCO Transmissions

AAMCO is an American transmission-repair franchise founded by Robert Morgan and Anthony A. Martino (who used the first letter of each name to form the names AAMCO and later MAACO) in 1957 in Philadelphia. Martino eventually ended his affiliation with AAMCO to manage the MAACO autobody-shop franchise, but Morgan stayed on with his son, Keith Morgan, succeeding him as CEO.

AAMCO Transmissions Inc.
Trade name
AAMCO Transmissions and Total Car Care
Company typePrivate
IndustryAuto maintenance
Founded1957 (1957) (as AAMCO Auto and Truck Repair)
FoundersRobert Morgan
Anthony A. Martino
Headquarters
Horsham, Pennsylvania
,
United States
Number of locations
527
Area served
North America
Key people
Bruce Chidsey, President
ProductsTransmissions, car care
Revenue$450 million
OwnerIcahn Automotive Group
ParentAmerican Driveline Systems, Inc.
Websitewww.aamco.com

In 2006, the company was acquired by American Capital. In January 2017, American Driveline Systems, the franchiser of the AAMCO and Cottman Transmission and Total Auto Care brands, was acquired by Transom Capital Group. In October of the same year, Icahn Enterprises L.P. (NASDAQ: IEP) announced it had acquired American Driveline Systems through a wholly-owned subsidiary. Aamco has consistently ranked on the Entrepreneurs Franchise 500

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.