Sack Lunch Productions (SAKL) announced it has closed a $5 million senior secured credit facility with TCA Global Credit Master Fund (TCA).

SAKL plans to successfully integrate its newly acquired operations under Springbok Holdings using the TCA financing. Springbok Holdings operates Color Me Rad and The Dirty Dash, and holds the rights to operate Slide the City in 60 cities across the U.S.

The credit facility with TCA will allow SAKL to prepare for the 2016 season and will provide the capital necessary to launch a projected 151 corporate events in 2016 among all of the company’s brands, exclusive of franchise held events.

SAKL’s received an initial draw down of $1.8 million from the TCA Credit Facility; as a result SAKL and its subsidiaries refinanced approximately $750,000 of debt that was predominately used to consummate the Springbok acquisition.

TCA’s Global Credit Master Fund is a short duration, absolute return, niche credit fund specializing in senior secured lending and advisory services to small, mainly listed companies predominately in the U.S., Canada, the UK and Australia.