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AAMCO Transmissions and Total Car Care | |
Company type | Private |
Industry | Auto maintenance |
Founded | 1957 | (as AAMCO Auto and Truck Repair)
Founders | Robert Morgan Anthony A. Martino |
Headquarters | , |
Number of locations | 527 |
Area served | North America |
Key people | Bruce Chidsey, President |
Products | Transmissions, car care |
Revenue | $450 million |
Owner | Icahn Automotive Group |
Parent | American Driveline Systems, Inc. |
Website | www.aamco.com |
AAMCO is an American transmission-repair franchise founded by Robert Morgan[1] 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.
In 2006, the company was acquired by American Capital.[2] 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.[3] Aamco has consistently ranked on the Entrepreneurs Franchise 500 [4]