For a \(\sigma \) -finite and countably generated measure space \((\Omega , \mathcal {A}, \mu )\) , we study the matrix-valued frame of the matrix-valued function space \(L^2(\Omega , \mathbb {C}^{m\times n})\) , where the lower frame condition depends on a bounded linear operator \(\Theta \) acting on \(L^2(\Omega , \mathbb {C}^{m\times n})\) and call it a \(\Theta \) -M-frame. This is inspired by the work of Gǎvruta for discrete frames in separable Hilbert spaces. Firstly, we give a characterization of \(\Theta \) -M-frames. Necessary and sufficient conditions for the existence of a \(\Theta \) -M-frame in terms of Gǎvruta-type atomic systems are given. Linear preservers for \(\Theta \) -M-frames, that is, bounded linear maps that preserve both the frame conditions, are given. Finally, we give a sufficient condition for the Paley-Wiener type perturbation for \(\Theta \) -M-frames.