AAMCO Transmissions

AAMCO Transmissions Inc.
AAMCO Transmissions and Total Car Care
Company typePrivate
IndustryAuto maintenance
Founded1957; 67 years ago (1957) (as AAMCO Auto and Truck Repair)
FoundersRobert Morgan
Anthony A. Martino
Headquarters,
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

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]

  1. ^ "Robert Morgan, 87, cofounder of Aamco Transmissions". The Philadelphia Inquirer. February 12, 2005. pp. D06. Retrieved 25 March 2010.
  2. ^ "Transmission titans merge". Philadelphia Business Journal. March 8, 2006. Retrieved 25 March 2010.
  3. ^ "Icahn Enterprises L.P. Acquires American Driveline Systems, Franchisor of AAMCO and Cottman Service Centers". www.businesswire.com. 2017-10-02. Retrieved 2021-04-29.
  4. ^ "AAMCO Transmissions and Total Car Care Franchise Information". Entrepreneur. Retrieved 2020-07-20.