Caliber Collision Centers Acquires Collision Repair Center Inc. in Oceanside

    IRVINE, Calif.--March 5, 2001--Caliber Collision Centers, an Irvine-based operator of high-quality collision repair facilities in California and Texas, has acquired Collision Repair Center Inc., a collision repair service provider in Oceanside, Calif.
    The addition of Collision Repair Center further extends Caliber's position as the largest collision repair provider in San Diego County with 11 centers in operation. It also extends Caliber's position as the largest independently operated collision repair organization in the United States, with 56 centers in California and Texas.
    According to Caliber's Vice President, San Diego Regional Manager Rick Reiss, the acquisition of Collision Repair Center enhances Caliber's presence in the rapidly growing North San Diego County market and fills the remaining void between Caliber's Carlsbad, San Marcos and Escondido centers.
    "Caliber acquired the Oceanside center in direct response to the request of Caliber's insurance partners who identified an immediate need for additional high-quality collision repair in the North County area," said Reiss. "This new facility includes 18,500 square feet of capacity, which will ensure that Caliber's clients and consumers will be well served for years to come in this rapidly growing area."
    Brian Anderson, former owner of Collision Repair Center, sold his company to Caliber so he can focus on his other business interest. "I'm proud to pass on my collision repair business to Caliber," stated Anderson. "I'm very confident that Caliber will maintain our tradition of superior quality and customer service. Moreover, my former employees are excited about joining such a fast-growing, industry-leading company."
    Caliber entered the San Diego Market in August of 1999 through the acquisition of Chapparone Auto Body and Painting. With the addition of Collision Repair Center and the recent opening of a newly designed center in El Cajon, Caliber now operates 11 centers in the San Diego County marketplace with an additional center under construction in La Mesa.
    Founded in 1991, with headquarters in Irvine, Caliber Collision Centers operates high-quality collision repair facilities in California and Texas. Caliber currently owns and operates 56 facilities and plans to continue acquiring, developing and integrating high-volume collision repair centers while providing innovative collision repair solutions and automobile physical damage claims support.