---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-001462"
form_type: "8-K"
ticker: "ESCA"
cik: "0000033488"
company_name: "ESCALADE INC"
filed_at: "2022-01-24T23:59:59+00:00"
generated_at: "2026-06-27T16:20:17.234195+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Escalade closes $36.4M acquisition of Brunswick Billiards assets; expands revolver to $65M

## Summary
- Completed purchase of Brunswick Billiards business from Life Fitness for $36,357,427, funded with cash and debt.
- Consideration equals about 16% of Escalade's total assets; acquisition includes 120,000 sq ft WI facility and brand IP.
- Amended credit facility increased revolver to $65M (from $50M) with $90M accordion, maturity extended to Jan 2027.
- Old National Bank added as lender; LIBOR replaced with SOFR; term loan outstanding $46.4M as of closing.
- Acquisition positions Escalade to expand in billiards & indoor recreation; Brunswick Billiards GM John Kazik stays.

## SEC filing metadata
- accession: 0001437749-22-001462
- form_type: 8-K
- ticker: ESCA
- cik: 0000033488
- company_name: ESCALADE INC
- filed_at: 2022-01-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/33488/000143774922001462/0001437749-22-001462-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/33488/000143774922001462/esca20220121_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-001462
- JSON: https://secwatch.observer/filing/0001437749-22-001462.json
- Plain text: https://secwatch.observer/filing/0001437749-22-001462.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.