Enforce
- Company typePrivate
- Founded2014
- HeadquartersCampinas, Brazil
- Headcount101–250
- GTM typeB2B
- OfferingServices
Enforce firmographics
Firmographics- Name
- Enforce
- Legal name
- Enforce Community
- Website
- https://enforcegroup.com.br
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Enforce industry classification
Industry- Product category
- Distressed Asset Management
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Asset-Backed Securities (6189)
- akta.pro primary industry
- Non-Performing Loan (NPL) / Loan Portfolio Acquisition Funds (FSANAKAG)
- akta.pro secondary industries
- Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG), Insolvency & Turnaround Advisory (SME/Mid-Market Debtor-Side) (FSAEAFAK)
Keywords
Where Enforce is headquartered
LocationHeadquarters
- HQ city
- Campinas
- HQ country
- Brazil
- HQ region
- Latin America
Offices5 records
Markets served
Enforce business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain
Revenue model
- Asset Management and Advisory: Manages opportunistic and stressed assets including NPLs, real estate portfolios, and judicial recovery cases. Generates revenue through asset acquisition at discounts, recovery operations, and eventual sale of assets.
- Distressed Asset Acquisition and Recovery: Purchases non-performing loans (NPLs) and distressed corporate debt at discounts, then recovers value through structured agreements, judicial proceedings, and asset liquidation.
- Real Estate Services: Regularization and sale of distressed real estate assets including commercial properties, residential units, and land. Revenue generated through property sales and management fees.
- Public Debt Collection Services: Services for government entities to collect public debts including taxes and fines through strategic actions, technology, and scale.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Real estate assets with prices ranging from R$46,300 to R$26 million |
| Unit Pricing | Pay-as-you-go | Auction properties starting from R$50,000 with financing up to 420 installments |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Enforce product offering
Product offeringCore offering
Enforce acquires, restructures, manages and sells distressed and opportunistic assets on behalf of BTG Pactual and institutional clients. Its four core franchises are corporate non-performing loan (NPL) acquisition and structured recovery, judicial recovery and bankruptcy advisory for distressed companies, opportunistic real estate (ORE) — including identification, structuring, regularization, development and sale of distressed properties — and active public debt collection for government entities. The firm supplements these with advisory services for funds, investors and financial institutions and runs a proprietary technology stack (atena AI, big data analytics, proprietary algorithms) to support its operations.
Product overview
Enforce is a unified asset management and recovery platform offering integrated services for stressed and opportunistic assets. The core portfolio includes four main service lines: Non-performing Loans (NPL) for corporate debt recovery, Judicial Recovery and Bankruptcy services, Opportunistic Real Estate (ORE), and Active Debt collection. All services are supported by proprietary technology with AI, big data, and proprietary algorithms. Enforce operates through franchise locations across Brazil and is a subsidiary of BTG Pactual, the largest investment bank in Latin America.
Differentiator
Problem solved
Functional benefit
Products and services
- Non-Performing Loans (NPL) — Corporate Debt Recovery
- Judicial Recovery and Bankruptcy Services
- Opportunistic Real Estate (ORE)
- Dívida Ativa — Active Debt Collection for Government
- Advisory Services for Funds, Investors and Financial Institutions
- ReitBZ Security Token
Quantifiable outcome
- R$4 billion VGV generated from Ilha Pura project transformation
- +2 more outcomes
Companies that use Enforce
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
Enforce technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature3 records
Enforce partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered major, standard and innovative.
- CyrelamajorPartnership formed with Cyrela to create an SPE (Special Purpose Entity) for seven high-end residential projects with total VGV exceeding R$3 billion. BTG provides capital and investor network while Cyrela brings operational expertise. First project planned for Barra da Tijuca, Rio de Janeiro.
- Biasi LeilõesstandardPartnership with Biasi Leilões for online property auctions. Conducted auction with 87 properties across 11 Brazilian states, including 11 properties in Minas Gerais.
- Vasco da Gama PlazastandardAssumed management of Vasco da Gama Plaza in Salvador with over 200 commercial units. Project features 8 smart elevators, 729 parking spaces, and 3,000 m² mall.
- Resale PlatformstandardPartnership with Resale platform for online property sales. Offered 250 recovered properties with discounts up to 50%, ranging from R$46,300 to R$26 million.
- Mercado BitcoininnovativeExecuted payment of returns to investors holding non-security tokens backed by real estate investments and precatórios (government debt claims) through the Mercado Bitcoin platform.
- Mercado BitcoininnovativePartnership to launch ReitBZ, the first security token issued by a bank worldwide, for real estate dividend distribution. Mercado Bitcoin served as the exchange platform for the tokenized real estate investment product.
- Carvalho HoskenmajorAcquired 100% of Ilha Pura planned neighborhood from Carvalho Hosken, originally developed as the 2016 Olympic Village. Absorbed debt of over R$2 billion with Caixa Econômica Federal. Project has R$4 billion VGV.
Scale indicators8 records
Recent moves5 records
Expansion highlights6 records
Enforce competitors and assessment
Company assessmentBroad incumbents
- BTG Pactual: Enforce's parent company and Latin America's largest investment bank. BTG is the broad incumbent — Enforce is essentially BTG's special situations/distressed asset arm. Directly comparable as the parent providing capital, balance sheet, and institutional clients.
- Oaktree Capital Management: Leading global alternative investment firm with deep special situations and distressed debt practice. Comparable business model at scale, though broader (includes private equity, real estate, credit).
- Kinea Investimentos: Brazilian alternative investment manager owned by Itaú, with credit, real estate, private equity, and infrastructure strategies. Most direct Brazilian peer given Itaú's bank-distributed capital and Enforce's NPL origination relationships with Itaú.
- XP Asset Management: Large Brazilian asset manager offering alternatives, fixed income, and structured credit strategies. Comparable as a Brazilian alternatives platform with retail and institutional distribution; smaller in special situations but competes for similar mandates.
- Brookfield Asset Management (Brazil): Global alternative manager with significant Brazilian real estate and credit operations. Comparable in opportunistic real estate strategies and large-scale distressed asset acquisitions in Brazil.
Direct peers
- Lone Star Funds: Global specialist in non-performing loan acquisitions and distressed asset management. Active in Brazil and globally, Lone Star is the most direct international comparable to Enforce's NPL acquisition and workout model.
- Cerberus Capital Management: Major global distressed asset manager that acquires NPL portfolios and complex corporate debt situations. Comparable to Enforce in targeting discounted credit and real estate assets from financial institutions.
- Vinci Partners: Leading Brazilian alternative asset manager offering private equity, credit, infrastructure, and real estate funds. Comparable to Enforce in offering Brazilian institutional investors alternative exposure, including distressed and special situations strategies.
- CarVal Investors: Global distressed credit and special situations investor that has historically been active in Brazil acquiring NPL portfolios. Direct comparable to Enforce's NPL acquisition model.
Emerging players
- Galápagos Capital: Brazilian alternative asset manager focused on special situations and credit recovery strategies. Direct emerging Brazilian peer competing in the same distressed credit and judicial recovery niches as Enforce.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Enforce social profiles
Digital presenceEnforce compliance and trust
Trust signalCompliance1 record
Enforce financial estimates
Financial estimateRevenue estimate
Valuation estimate
Enforce leadership team
Management profileNumber of profiles
Profiles3 records
Enforce funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Enforce M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Enforce
What does Enforce do?
Enforce acquires, restructures, manages and sells distressed and opportunistic assets on behalf of BTG Pactual and institutional clients. Its four core franchises are corporate non-performing loan (NPL) acquisition and structured recovery, judicial recovery and bankruptcy advisory for distressed companies, opportunistic real estate (ORE) — including identification, structuring, regularization, development and sale of distressed properties — and active public debt collection for government entities. The firm supplements these with advisory services for funds, investors and financial institutions and runs a proprietary technology stack (atena AI, big data analytics, proprietary algorithms) to support its operations.
Is Enforce a public or private company?
Enforce is a private company. It is classified as corporate owned and is currently operating.
When was Enforce founded?
Enforce was founded in 2014. It employs 101 to 250 people.
Where is Enforce based?
Enforce is headquartered in Campinas, Brazil, in the Latin America region.
How does Enforce make money?
Four revenue lines are on record. Asset Management and Advisory is the primary driver. The others are distressed Asset Acquisition and Recovery, real Estate Services and public Debt Collection Services.
Who are Enforce's main competitors?
Broad incumbents on record are BTG Pactual, Oaktree Capital Management, Kinea Investimentos, XP Asset Management and Brookfield Asset Management (Brazil). Direct peers are Lone Star Funds, Cerberus Capital Management, Vinci Partners and CarVal Investors. Galápagos Capital is listed as an emerging player.
Does Enforce have an API?
No public API is recorded for Enforce.
What industry is Enforce in?
Enforce's product category is Distressed Asset Management. Its primary akta.pro industry code is FSANAKAG, Non-Performing Loan (NPL) / Loan Portfolio Acquisition Funds, with a secondary code of BPAHAOAG, Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs). Its NAICS code is 523 and its SIC code is 6189.