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In March 2006, AAMCO merged with Cottman Transmission, and American Capital purchased AAMCO and moved the headquarters from Philadelphia to nearby Horsham, Pennsylvania. [ 6 ] 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 ...
In 2006, its parent holding company, American Driveline Systems, Inc. acquired AAMCO Transmissions as part of their portfolio and it was combined with the company. Now It operates totally separated under the same owner and parent holding company. Cottman Transmission and Total Auto Care celebrated its 50th anniversary of business in 2012. [7]
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.
In 2006, American Capital purchased AAMCO and moved the headquarters from Philadelphia, Pennsylvania to 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.
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related to: aamco transmission corporate office