*** Welcome to piglix ***

AAMCO Transmissions

AAMCO Transmissions Franchise
Private
Industry Auto maintenance
Founded 1957, 1963
Founder Robert Morgan
Anthony A. Martino
Headquarters Horsham, Pennsylvania, United States
Number of locations
Over 600
Area served
North America
Key people
Brett Ponton, CEO
Robert Rajkowski, COO
Brian O'Donnell SVP Franchise Support
Products Transmissions, Car Care
Revenue $450 million
Owner American Capital
Parent American Driveline Systems, Inc.
Website www.aamco.com

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.

In 2006, the company was acquired by American Capital.

Anthony A. Martino started repairing automatic transmissions from leased space in an Esso shop in Philadelphia. In 1957, he founded the Anthony A. Martino Company, or AAMCO in Philadelphia, under the name AAMCO Auto and Truck Repair. This name was chosen not only to reflect the initials of the founder, but also to make it appear higher in the Yellow pages listings of the day. Along with partners Richard Silva and Walter D'lutz', Martino opened several other shops in the Philadelphia area. Owing to the complexity and failure rate of automatic transmissions of the day, Martino quickly decided to drop the "Auto and Truck Repair", and focus solely on transmissions, where the company would stay focused until 2007.

In 1962, Robert Morgan approached Martino with the concept of a national chain of transmission repair stores branded as AAMCO. Martino was receptive to the idea, and the shops operated in cooperation with Silva and DeLutz were rebranded as AAMCO. The first franchise was not sold until 1963, when an AAMCO shop was opened by Ivan and Jack Ginninger in Newark, New Jersey.

In 2006, American Capital purchased AAMCO and moved the headquarters from Philadelphia to nearby Horsham, Pennsylvania.

Owing in part to the increased reliability of automatic transmissions, and thus the lengthened repair cycle, in the mid-2000s, the company rebranded to AAMCO Transmissions and Total Car Care. Today, AAMCO is the world’s largest franchisor of transmission specialists and car repair shops, operating over 600 franchise stores in the United States, Canada.


...
Wikipedia

...