Transom Capital Group Acquires AAMCO, Cottman Franchisor ADS
Jan. 5, 2017—Transom Capital Group announced its acquisition of American Driveline Systems (ADS) from American Capital Ltd.
ADS is the franchisor of the AAMCO and Cottman Transmission & Total Car Care brands.
“With its current leadership and its network of franchisees we believe that ADS is very well positioned to capitalize on its strategic plan and achieve its future growth objectives,” said Ty Schultz, managing partner at Transom. “Furthermore, we believe there is significant opportunity to build value at ADS and in the automotive aftermarket industry overall.”
With nearly 700 franchisee-owned and -operated locations, AAMCO and Cottman Transmission are the No. 1 and No. 2 transmission repair retail chains in North America, operating in 47 states and three provinces.
“This partnership is a key element of our five-year strategic plan to build on the strong foundation of both the AAMCO and Cottman companies,” said Brett Ponton, CEO of ADS.