M2 Automotive Acquires Glenn's Auto Body in Antioch, California

    SANTA MONICA, Calif.--Jan. 21, 2002--M2 Automotive is pleased to announce it has acquired Glenn's Auto Body, a quality collision repair operation located at 1610 West 10th Street in Antioch, California from its owner, Glenn Moffatt. The modern, 14,000 square foot facility is adjacent to the Antioch Auto Mall -- the primary retail automotive center in Antioch, and is conveniently located off the 4 Freeway, the major East-West freeway in Northern Contra Costa County.
    The acquisition of Glenn's provides a strong entry into a growing population center. A city of 90,000, Antioch lies at the eastern edge of the San Francisco-East Bay Market and provides a bridge to the Central Valley. Glenn's Auto Body extends M2's coverage 15 miles to the east from one of M2's flagship facilities in Concord.
    "We are pleased that Glenn Moffatt and his superb team have joined M2," states Steve Dichter, President of M2 Automotive. "Our insurance partners have expressed an on-going need for additional coverage in the Northern California collision repair market. The Antioch acquisition is aligned with M2's strategy to provide extensive market availability of quality collision repair for policyholders working and living in this growing California market."

    About M2 Automotive: Founded in 1996, M2 Automotive is a leading collision industry consolidator with 31 premier service locations in California. M2 employs over 800 professionals dedicated to providing the highest quality repairs and service to insurance companies and their customers. M2 Automotive is a private company headquartered in Santa Monica, California.

    www.m2collision.com