B. Troy Villa

Troy Villa is a partner at Breazeale, Sachse & Wilson, L.L.P. in Louisiana. He has extensive experience in numerous areas of business transactions, financing and advisory services.

Tax Credit Financing and Economic Incentives

Troy represents clients in various capacities in tax credit financing and investment transactions involving New Markets Tax Credits and historic rehabilitation tax credits and with projects involving state and local economic incentives and Public-Private Partnerships (“P3”).

• Historic Tax Credits (“HTC”)

• New Markets Tax Credits ("NMTC")

• Leverage and bridge loan financing associated with HTC and NMTC financing

• Industrial Tax Exemptions, Payments-in-Lieu-of-Tax (“PILOT”)

• Cooperative Endeavors involving P3 projects

• Opportunity Zone Investments

Financing

Troy has represented clients for many years in traditional and non-traditional financing transactions, including:

• Asset-based lending

• Development and Construction Loans

• Mezzanine financing

• Private Equity Investments (Investors and Issuers)

• Venture Capital

Mergers & Acquisitions

He also represents business clients and entrepreneurs in a wide variety of business transactions involving the purchase and sale of businesses. He has extensive experience in the structuring and negotiation of terms related to these types of transactions, and the drafting of related contracts and agreements. He has advised clients with respect to both domestic and international transactions.

• Purchase and Sale of Privately-Held Businesses

• Mergers

• Consolidations

• Reorganizations

• Leveraged-buyouts and restructuring

Practice Areas

• Corporate & Finance
  • Banking & Finance
• Healthcare
• Industrial Development Team
• Business Owners/Entrepreneurs
• Real Estate
• Associations and Nonprofits
• Incentives, Credits & Economic Development

Education

Paul M. Hebert Law Center, Louisiana State University, J.D., 1990 (Louisiana Law Review, Senior Editor)

Nicholls State University, B.S., 1986

Admissions

Admitted to practice: 1990, Louisiana State Courts, Eastern, Middle & Western Districts of Louisiana.

Professional Associations

Louisiana State Bar Association

Baton Rouge Bar Association

Institute for Professionals in Tax (IPT)

Louisiana Industrial Development Executives Association (LIDEA), Board of Directors

American Red Cross - Louisiana Capital Area Chapter (Board of Directors: 2008 and previously, 1998-2006, Chairman 2002-2003)

American Health Lawyers Association

Education's Next Horizon (Board of Directors)

Gulf Coast Housing Partnership (Board of Directors)

Former Academic Distinction Fund (Treasurer, Board of Directors)

Former Diocese of Baton Rouge Catholic School Board (Director)

Honors and Awards

Selected by his peers for inclusion in The Best Lawyers in America^® (Since 2009)

Selected Lawyer of the Year, in Mergers and Acquisition Law in Baton Rouge by The Best Lawyers in America^® 2013, 2015, 2019

AV^® Preeminent^TM Peer Review Rated.

Publications

Representative Matters

Represented financial buyer of industrial service company operating in Louisiana and Texas in $13 million buy-out.

Represented operator of cellular telephone network in Louisiana to national cellular carrier in $36 million transaction, which included various ancillary aspects for transition.

Represented seller of oil-field equipment business to global energy equipment manufacturer in $12 million transaction.

Represented owners of alternative fuels producer in sale of refinery to public company in $24 million transaction.

Represented owners of telecommunications business in South Louisiana in various financing transactions in excess of $40 million and ultimately in sale of business to private equity fund in $100 million transaction, including participation in obtaining regulatory approvals and/or letters of non-opposition from the Louisiana Public Service Commission.

Represented telecommunications business in South Louisiana in leveraged buyout of co-owner in $86 million transaction, including participation in obtaining regulatory approvals and/or letters of non-opposition from the Louisiana Public Service Commission.

Represented joint venture partner in sale of interest in national chemical business and assets to other joint venture partner in $85 million transaction.