Fortesec Securitizadora SA
Fortesec Securitizadora SA is a São Paulo-based securitization company that structures and issues CRIs, CRAs, debentures, and Green Bonds for real estate developers, agribusiness producers, infrastructure operators, and timeshare developers in Brazil.
- Company typePublic
- Founded2015
- HeadquartersSão Paulo, Brazil
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Fortesec Securitizadora SA does
Fortesec Securitizadora SA (legal name Forte Securitizadora S.A., CNPJ 12.979.898/0001-70) is a Brazilian securitization company founded in 2015 and headquartered at Rua Fidêncio Ramos, 213, Vila Olímpia, São Paulo. The company structures and issues fixed-income securities on the Brazilian capital markets on behalf of real estate developers, agribusiness producers, infrastructure operators, and hospitality and timeshare developers, with CRIs (Certificados de Recebíveis Imobiliários) and CRAs (Certificados de Recebíveis do Agronegócio) as the core product set, supplemented by debentures (simple, incentivized, infrastructure, convertible, and participatory), Green Bonds, Green CRAs, and sub-products such as True Sale, Cessão de Carteira, and CRI de Loteamento. The platform registers, settles, and trades certificates through B3 and relies on fiduciary agents and rating agencies as required by CVM regulation. A notable process differentiator is the "integralização em partes" mechanism, under which capital is released incrementally so interest accrues only on drawn amounts rather than on the full issue at closing.
The firm is privately held and structured as a "companhia aberta" registered with the CVM, with no disclosed external investors, parent company, or PE/VC backing. As of 2024 it reports 70+ collaborators, 185+ financed projects, 110+ cities of operation, and R$ 15.1 billion in cumulative emissions structured since inception, with the single largest transaction at R$ 970 million in 2021. The go-to-market is direct enterprise and inside sales: the company engages real estate developers, loteadores, agricultural producers, and infrastructure companies through a relationship team, a website project financing form covering 13 sectors, an investor relations function, and content marketing on securitization and Green Bonds. Pricing is transaction-based and custom, with disclosed minimum operations of R$ 3 million and multi-year contract cadences; revenue is not publicly disclosed. Revenue mechanics are transaction fees on issuance, supported by a data advantage from R$ 8 billion+ in pulverized credits under management and a regulated, compliance-intensive operating model formalized in 2024 through a privacy and risk partnership with Somaxi Group.
Fortesec Securitizadora SA firmographics
Firmographics- Name
- Fortesec Securitizadora SA
- Legal name
- FORTE SECURITIZADORA S.A.
- Website
- https://fortesec.com.br
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fortesec Securitizadora SA is a São Paulo-based securitization company that structures and issues CRIs, CRAs, debentures, and Green Bonds for real estate developers, agribusiness producers, infrastructure operators, and timeshare developers in Brazil.
- Ownership category
- akta.pro rank
Fortesec Securitizadora SA industry classification
Industry- Product category
- Securitization Services
- NAICS
- Investment Banking and Securities Intermediation (52315), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Asset-Backed Securities (6189), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Structured Finance & Securitization Placement (ABS/MBS/CLO) (FSAEALAK)
- akta.pro secondary industry
- Securitization Administration & Deal Services (Trustee, Custodian, Paying Agent) (FSALAFAK)
Keywords
Where Fortesec Securitizadora SA is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices2 records
Markets served
Fortesec Securitizadora SA business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- CRI and CRA Issuance Fees: Fortesec earns revenue by structuring and issuing Certificates of Real Estate Receivables (CRI) and Agribusiness Receivables (CRA). The company transforms receivables into tradable securities, earning fees from the structuring and issuance process. Investors purchase these securities and receive periodic interest payments plus principal at maturity.
- Debentures Structuring: Fortesec structures debenture issuances for companies seeking capital in the capital markets. This includes infrastructure debentures, incentivized debentures, and other bond types, earning structuring and advisory fees.
- Green Bonds and ESG-linked Securities: Fortesec structures green bonds and Green CRAs for sustainable agribusiness and infrastructure projects, aligning with ESG commitments and Paris Agreement objectives.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Custom operations starting from R$ 3 million |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Fortesec Securitizadora SA product offering
Product offeringCore offering
Fortesec Securitizadora SA is a Brazilian securitization company headquartered in São Paulo that structures and issues credit-backed securities, including CRIs (real estate receivables certificates), CRAs (agribusiness receivables certificates), Green Bonds, and Debentures, primarily serving the real estate and agribusiness sectors. The company acts as a securitization vehicle (securitizadora) registered under Brazilian capital markets regulations to convert receivables into tradeable securities for institutional investors.
Product overview
Fortesec is a securitization company offering a comprehensive suite of fixed-income securities and structured finance products. The core portfolio includes CRI (Certificados de Recebíveis Imobiliários) for real estate financing, CRA (Certificados de Recebíveis do Agronegócio) for agribusiness, and Green Bonds/CRAs Verdes for sustainable projects. These products work together to enable clients to securitize receivables, raise capital in the capital markets, and access financing alternatives to traditional bank lending. Additional offerings include debêntures (simple, incentivada, infraestrutura, conversível, participativa), True Sale, Cessão de Carteira, and CRI de Loteamento, all structured through personalized operations tailored to each client's needs.
Differentiator
Problem solved
Functional benefit
Products and services
- Certificados de Recebíveis Imobiliários (CRI)
Quantifiable outcome
- R$ 15.1 billion in total emissions structured since founding in 2015
- +4 more outcomes
Companies that use Fortesec Securitizadora SA
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Fortesec Securitizadora SA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Fortesec Securitizadora SA partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Somaxi GroupcoreSince 2024, Fortesec has partnered with Somaxi Group, a specialized organization for implementing privacy frameworks, controls, and best practices recognized nationally and internationally. Somaxi Group designated Simone Leme Bevandick and Rubia Santos de Alencastro as Data Protection Officers (DPO) responsible for guiding, supervising, and supporting the organization in adopting continuous privacy best practices.
- B3 (Brazilian Stock Exchange)coreB3 is the central depository where CRIs and CRAs are registered, held, settled, and traded. Fortesec issues certificates through this infrastructure.
- Agente Fiduciário (Fiduciary Agents)coreFiduciary agents act in defense of investor interests, required for CRIs and CRAs issued with fiduciary regime. They ensure credits are maintained in a separate estate from the securitizer's company.
- Rating AgenciesminorSpecialized agencies that evaluate and classify credit risks of CRIs and CRAs, providing investors with useful information for investment decisions.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
Fortesec Securitizadora SA competitors and assessment
Company assessmentDirect peers
- Ápice Securitizadora: Brazilian securitizadora offering CRI and CRA issuances, competing for similar real estate and agribusiness issuers in the Brazilian domestic market with comparable transaction-fee economics.
- Gaia Securitizadora: Brazilian securitization company focused on CRI issuance and agribusiness credit, overlapping with Fortesec's core product set and target issuer segments in the Brazilian market.
- Vert Securitizadora: Brazilian securitizadora active in CRI and CRA issuance for real estate developers and agribusiness, with comparable mid-market issuer focus and Brazilian capital markets positioning.
- Ourinvest Securitizadora (REAG Securitizadora): Brazilian securitization company historically linked to Ourinvest, issuing CRIs and CRAs for real estate and agribusiness issuers. Comparable in product scope and Brazilian capital markets positioning.
- True Securitizadora: Brazilian securitization company issuing CRI and CRA in the same Brazilian capital markets context. Directly comparable in product suite (real estate and agribusiness receivables certificates) and target issuer base.
- Habitasec Securitizadora: Brazilian securitization company specialized in housing-related CRIs, serving real estate developers and loteadores in similar verticals to Fortesec with comparable product structures.
- Bari Securitizadora: Brazilian securitization company affiliated with Banco Bari, offering CRI/CRA products to similar real estate and agribusiness issuers with a comparable transaction-based revenue model.
- EcoSec Securitizadora: Brazilian securitization company operating in the same CRI/CRA space with comparable issuer segments, providing direct competition for Fortesec's deal pipeline in real estate and agribusiness.
- Companhia Brasileira de Securitização (Cibrasec): One of Brazil's largest and longest-tenured securitizadoras, structuring CRIs and CRAs for real estate and agribusiness issuers. Comparable in product mix, regulatory positioning, and issuer relationships.
Broad incumbents
- B3 (Brasil, Bolsa, Balcão): Brazilian stock exchange and central depository where Fortesec's CRIs and CRAs are registered, held, and traded. Acts as critical market infrastructure counterpart for Fortesec's issuance operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Fortesec Securitizadora SA social profiles
Digital presenceFortesec Securitizadora SA financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fortesec Securitizadora SA leadership team
Management profileNumber of profiles
Profiles4 records
Fortesec Securitizadora SA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fortesec Securitizadora SA 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 Fortesec Securitizadora SA
What does Fortesec Securitizadora SA do?
Fortesec Securitizadora SA is a Brazilian securitization company headquartered in São Paulo that structures and issues credit-backed securities, including CRIs (real estate receivables certificates), CRAs (agribusiness receivables certificates), Green Bonds, and Debentures, primarily serving the real estate and agribusiness sectors. The company acts as a securitization vehicle (securitizadora) registered under Brazilian capital markets regulations to convert receivables into tradeable securities for institutional investors.
Is Fortesec Securitizadora SA a public or private company?
Fortesec Securitizadora SA is a public company. It is classified as unknown and is currently operating.
When was Fortesec Securitizadora SA founded?
Fortesec Securitizadora SA was founded in 2015. It employs 11 to 50 people.
Where is Fortesec Securitizadora SA based?
Fortesec Securitizadora SA is headquartered in São Paulo, Brazil, in the Latin America region.
How does Fortesec Securitizadora SA make money?
Three revenue lines are on record. CRI and CRA Issuance Fees are the primary driver. The others are debentures Structuring and green Bonds and ESG-linked Securities.
Who are Fortesec Securitizadora SA's main competitors?
Direct peers on record are Ápice Securitizadora, Gaia Securitizadora, Vert Securitizadora, Ourinvest Securitizadora (REAG Securitizadora), True Securitizadora, Habitasec Securitizadora, Bari Securitizadora, EcoSec Securitizadora and Companhia Brasileira de Securitização (Cibrasec). B3 (Brasil, Bolsa, Balcão) is listed as a broad incumbent.
Does Fortesec Securitizadora SA have an API?
No public API is recorded for Fortesec Securitizadora SA.
What industry is Fortesec Securitizadora SA in?
Fortesec Securitizadora SA's product category is Securitization Services. Its primary akta.pro industry code is FSAEALAK, Structured Finance & Securitization Placement (ABS/MBS/CLO), with a secondary code of FSALAFAK, Securitization Administration & Deal Services (Trustee, Custodian, Paying Agent). Its NAICS code is 52315 and its SIC code is 6189.