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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. AAMCO is also known for its distinctive television and radio commercials, which end with a voice saying "AAMCO, double-A [car horn beeps twice] M-C-O."
The company expanded to a few hundred locations throughout the United States and Canada and became the nation's second-largest chain of transmission repair shops. In April 2004, American Capital invested $46 million in the acquisition of Cottman Transmission and purchased the company for $77.3 million including the investment.
Ten years before MAACO's founding, Martino had launched AAMCO Transmissions with partner Robert Morgan. He created both names by using the first letters from his name (Anthony A. Martino). In 1967, with close to 500 stores in operation, Martino sold AAMCO to Morgan. In 1972, Martino opened a pilot auto painting center in Wilmington, Delaware.
He, along with Robert Morgan, was a co-founder of the AAMCO transmission repair franchise in 1963, the name for which was created as an acronym of his initials. After selling his interest in AAMCO in 1967, he founded the anagrammed acronym MAACO autobody and paint-service franchise in 1972, of which he remained the CEO until his 2008 death.
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 about 700 franchise stores in the United ...
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