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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 ...
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.
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.
AAMCO shop, Ypsilanti, MI 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, Pennsylvania.
MAACO Franchising, Inc. (doing business as Maaco Collision Repair & Auto Painting) is an American franchisor of auto painting and collision repair shops based in Charlotte, North Carolina. It was founded in 1972 by Anthony A. Martino and Daniel I. Rhode.
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