In 1956 Nate H. Sherman founded Midas to service mufflers and other exhaust system parts.

MIDAS is one of the world's largest providers of automotive service, offering exhaust, brake, steering and suspension services, as well as batteries, climate control and maintenance services at 2,700 franchised, company-owned and licensed MIDAS shops in 19 countries, including nearly 2,000 in the United States and Canada.