We are a consulting
boutique focused on
overcoming business
crises, performance
improvement, and
strategy.
We are a
consulting boutique
focused on
overcoming
business crises,
performance
improvement,
and strategy.

Our Manifest
Triunfae is a high-performance
consulting boutique that
specializes in overcoming
business crisis.
WE INTEGRATE PERFORMANCE
We take on executive roles within our clients' businesses, in operational and financial areas, providing commercial and strategic leadership.
WE ARE NOT ARBITRARY
At the beginning of the project, we establish management and cash committees with the participation of the client's partners and execute the defined strategies.
WE PRIORITIZE TRANSPARENCY
We foster close relationships with clients, suppliers, financial institutions, and employees, aiming to create an unified and consistent narrative aligned with what is being implemented.
WE ARE IMPARTIAL
Our commitment is always to seek the best decisions, aiming for the full recovery of the company. We understand that the project's success benefits all stakeholders, including the turnaround consulting firm itself.
WE ARE MISSION-DRIVEN
Our mission is to help companies overcome their crisis and strategically reposition them in the market, with ethics, humility, resilience, and respect for people.
Nossa atuação vai muito além do reperfilamento da dívida e do financiamento do capital de giro. Nos envolvemos profundamente com o negócio da empresa em crise, nos relacionando com colaboradores, clientes, fornecedores e sócios. Logo de início, instituímos os Comitês de Gestão e Caixa e assumimos a liderança financeira e operacional de maneira a assegurar a performance e sobrevivência da empresa. Com o caixa e a operação estabilizados, redirecionamos a estratégia e o time comercial, promovendo a transformação da gestão e do negócio.
Our work goes far beyond debt restructuring and working capital financing. We deeply engage with distressed company´s business, stablishing relationships with employees, clients, suppliers, and partners. Right from the start, we set up Management and Cash Committees, taking on financial and operational leadership to ensure the company’s performance and survival. Once the cash flow and operations are stabilized, we redirect the strategy and sales team, driving management and business transformation.
We have extensive experience with the insolvency proceedings provided by Brazilian legislation. If the project requires any of these tools, we will know what, when, and how to apply them in conjunction with the case’s legal advisors.
We have a wide network of financial agents with an appetite for financing projects under our guidance. We are qualified to secure funding that meets segment and timing needs of each client, both in short-term trade credit operations and more structured ones, such as DIP Financing.
For cases of substitute (or expropriatory) judicial intervention, where the shareholder(s) is removed due to fraud, reckless management, or shareholder conflicts, we assume court-appointed management of the companies, providing assistance to judges and bankruptcy trustees.
For partial judicial intervention, we work together with the shareholders, establishing a shared management model (co-management).
As for the supervisory approach, we provide watchdog services, meaning the monitoring of financial transactions and activities of companies in crisis.
Our scope of work is not limited to insolvent companies alone. We also provide solutions for healthy businesses with the potential to reach another level of revenue and profitability.
We work with the Lean Six Sigma methodology, focused on cost reduction, product and process optimization, and customer satisfaction. Our team includes professionals certified as Master Black Belts, the highest level of expertise and knowledge in this methodology.
For solvent companies that are highly leveraged and have short-term concentrated debt, requiring adjustments in capital structure and rescheduling, we perform workouts – out-of-court restructurings.
It is not uncommon for turnaround processes to involve divestments and result in a change of control of the restructured company. We have expertise in valuations and M&A transactions of distressed assets – both asset and share deals – within and outside insolvency proceedings (business reorganization, pre-pack, and liquidation).
In special situations, the pricing of the target asset is a crucial factor in making investment decisions and achieving success. To accomplish this, it requires informational expertise and strategic analysis that provide elements for risk assessment and liquidity outlook. We provide advisory services to NPL (Non-Performing Loans) and special situation funds, assisting in the origination, pricing, and execution of investments in this asset class.
For companies going through periods of instability, adopting a set of practices to mitigate threats becomes imperative.
The GRC tripod constitutes a set of control mechanisms that provide support to the business:
Governance: we establish the board or administration committee and define the 3W of the decision-making process: Who, What, and When. If necessary, we take a seat on the company’s board. Risk: We analyze potential threats to the achievement of business objectives. Compliance: We implement internal surveillance procedures to ensure that the company is operating in accordance with the rules.
Impact generated by GRC:
Transparency towards stakeholders and the market strategic, tactical, and operational alignment; Redefinition of “Mission, Vision, and Values”; Establishment of guidelines and responsibilities in Asset Management; Definition and monitoring of Key Performance Indicators (KPIs).
For medium and large companies that want to innovate but face internal barriers to doing so organically, the investment in innovation, both for strategic and financial purposes, can occur through startups financing or acquisition, a practice known as Corporate Venture Capital (CVC).
To facilitate this, we offer a complete solution for implementing an open innovation program, which includes establishing an innovation culture and department, defining the areas in which the company wants or needs to innovate (processes, products, services, etc.), developing the investment thesis, establishing the investment vehicle (such as a private equity fund, holding company, or offshore entity), preparing pitches, prospecting and selecting startups that align with the investment thesis, valuing the target startup(s), executing the investment transaction (loan or M&A), implementing governance in the invested startup(s), potentially taking a seat on the board, managing the financial and operational aspects of the invested startup(s), and eventually facilitating the exit process or incorporation of the startup(s).
SERVICES
Our combined experience of over 65 years in management and business restructuring enables us to offer a comprehensive range of services that are in demand both during economic upturns and downturns.


PARTNERS
All turnaround projects conducted by Triunfae involve the joint and systematic efforts of our three partners. This way, we incorporate the three key areas for corporate recovery and transformation: strategic-commercial, financial, and operational.
ANDRÉ ROCHA
Founding Partner
Mr. Rocha is a specialist and strategist in turnaround management, corporate restructuring, and innovation, with a remarkable track record of over 20 years of professional experience and successful involvement in more than 60 cases of this nature. A recognized expert in business reorganization processes across several industries.
Prior to that, Mr. Rocha has held leading positions in national and multinational companies, including ABB, 3M, Cargill, Fischer, and Vale, with a proven track record of achievements in sales, supply chain, finance, and consulting activities. He is the founding partner of Triunfae, a leading consulting boutique specialized in turnaround management, corporate restructuring, and innovation. Founder of NEPAT (Education and Research Center for Tax Liability Management and Restructuring). Co-founder and Vice President of the Brazilian Institute of Asset Recovery (IBRA) as well as a professor and former International Academic Coordinator of IBAJUD (Brazilian Institute of Insolvency). Mr. Rocha is the creator and coordinator of the G8 Latin Euromerican Insolvency and Restructuring program, which is supported by UNCITRAL and Insol International. He is a member of the Distressed M&A and Workouts Committee of TMA Brazil and a member of the Instituto Iberoamericano de Derecho Concursal (IIDC). He is also a member of the American Bankruptcy Institute (ABI). Mr. Rocha specialized in Corporate Business Reorganization and Liquidation from PUC-SP/Cogeae, Corporate Judicial Recovery from Insper; attended the Bankruptcy Program at California Western School of Law, San Diego, USA; He served as a consultant to the World Bank for restructuring and insolvency training in Maputo, Mozambique. Mr. Rocha holds a bachelor’s degree and an MBA in Business Administration. He is currently completing a master’s degree in business law at Fundação Getulio Vargas (FGV Law-SP).
Prior to that, Mr. Rocha has held leading positions in national and multinational companies, including ABB, 3M, Cargill, Fischer, and Vale, with a proven track record of achievements in sales, supply chain, finance, and consulting activities. He is the founding partner of Triunfae, a leading consulting boutique specialized in turnaround management, corporate restructuring, and innovation. Founder of NEPAT (Education and Research Center for Tax Liability Management and Restructuring). Co-founder and Vice President of the Brazilian Institute of Asset Recovery (IBRA) as well as a professor and former International Academic Coordinator of IBAJUD (Brazilian Institute of Insolvency). Mr. Rocha is the creator and coordinator of the G8 Latin Euromerican Insolvency and Restructuring program, which is supported by UNCITRAL and Insol International. He is a member of the Distressed M&A and Workouts Committee of TMA Brazil and a member of the Instituto Iberoamericano de Derecho Concursal (IIDC). He is also a member of the American Bankruptcy Institute (ABI). Mr. Rocha specialized in Corporate Business Reorganization and Liquidation from PUC-SP/Cogeae, Corporate Judicial Recovery from Insper; attended the Bankruptcy Program at California Western School of Law, San Diego, USA; He served as a consultant to the World Bank for restructuring and insolvency training in Maputo, Mozambique. Mr. Rocha holds a bachelor’s degree and an MBA in Business Administration. He is currently completing a master’s degree in business law at Fundação Getulio Vargas (FGV Law-SP).

FÁBIO GUEDES
Managing Financial Partner
Mr. Guedes boasts over 15 years of extensive expertise in financial management and the restructuring of distressed companies. He has successfully handled more than 40 cases in this field.
Mr. Guedes has substantial experience in leading projects related to business reorganization, pre-packs, and workouts in several industries such as Construction, Aviation, Transportation and Logistics, Agribusiness, Graphic, Food Industry, Facilities, among others. Mr. Guedes stands out his dynamism, leadership skills, and strategic decision-making in working capital management, fundraising, and creditor negotiation. He holds a bachelor’s degree in accounting and an MBA. He also pursued specialized studies in Business Insolvency and Post-Pandemic Crisis at the University of Seville, Spain. Additionally, Guedes has completed courses on Productivity, Time Management, and Purpose at PUC-SP and Finance and Accounting at the International Business Management Institute. He is a member of the Turnaround Management Association (TMA Brazil).
Mr. Guedes has substantial experience in leading projects related to business reorganization, pre-packs, and workouts in several industries such as Construction, Aviation, Transportation and Logistics, Agribusiness, Graphic, Food Industry, Facilities, among others. Mr. Guedes stands out his dynamism, leadership skills, and strategic decision-making in working capital management, fundraising, and creditor negotiation. He holds a bachelor’s degree in accounting and an MBA. He also pursued specialized studies in Business Insolvency and Post-Pandemic Crisis at the University of Seville, Spain. Additionally, Guedes has completed courses on Productivity, Time Management, and Purpose at PUC-SP and Finance and Accounting at the International Business Management Institute. He is a member of the Turnaround Management Association (TMA Brazil).

ALEXANDRE MENDONÇA
Managing Operational Partner
Mr. Mendonça has an impressive track record of over 30 years of experience in turnaround management and restructuring, specializing in operations, manufacturing, and logistics.
Mr. Mendonça has assumed the role of Chief Operations Officer (COO) in numerous restructuring projects spanning diverse industries, with a notable emphasis on the agribusiness sector. Mendonça possesses extensive knowledge and expertise in managing people and processes, with a strong focus on motivation, engagement, efficiency enhancement, and cost reduction. He brings extensive expertise in overseeing and optimizing operational processes and implementing strategic initiatives to improve overall performance and profitability. His experience enables him to navigate complex challenges and deliver effective solutions to support businesses in times of crisis and drive sustainable growth. He holds a bachelor’s degree in law, a postgraduate degree in Business Law, an MBA in Agribusiness, and specialized training in Industrial Operations from UDOP (National Association of Bioenergy). He has also pursued specialization in Corporate Insolvency and Post-Pandemic Crisis from the University of Seville, Spain. He is a member of the Turnaround Management Association (TMA Brazil). Currently, Mendonça is undergoing certification to become a Master Black Belt, the highest level of achievement in Lean Six Sigma methodology.
Mr. Mendonça has assumed the role of Chief Operations Officer (COO) in numerous restructuring projects spanning diverse industries, with a notable emphasis on the agribusiness sector. Mendonça possesses extensive knowledge and expertise in managing people and processes, with a strong focus on motivation, engagement, efficiency enhancement, and cost reduction. He brings extensive expertise in overseeing and optimizing operational processes and implementing strategic initiatives to improve overall performance and profitability. His experience enables him to navigate complex challenges and deliver effective solutions to support businesses in times of crisis and drive sustainable growth. He holds a bachelor’s degree in law, a postgraduate degree in Business Law, an MBA in Agribusiness, and specialized training in Industrial Operations from UDOP (National Association of Bioenergy). He has also pursued specialization in Corporate Insolvency and Post-Pandemic Crisis from the University of Seville, Spain. He is a member of the Turnaround Management Association (TMA Brazil). Currently, Mendonça is undergoing certification to become a Master Black Belt, the highest level of achievement in Lean Six Sigma methodology.

- Agribusiness
- Food and Beverages
- Aviation
- Footwear
- Communication and Media
- Education
- Energy
- Engineering and Construction
- Facilities
- Pharmaceutical
- Graphic
- Infrastructure
- Machinery and Equipment
- Metallurgy
- Mining
- Paper and Pulp
- Health and Personal Care
- Sugarcane-Energy
- Information Technology
- Textile
- Transportation and Logistics
- Retail and Distribution
INDUSTRIES
Our team has extensive experience in restructuring companies across a wide range of industries.


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"A brand for a company is like a reputation for a person.
You earn reputation by trying to do hard things well."
Jeff Bezos
Vision
We want to be recognized as the consulting boutique that revolutionized the way family businesses are managed, restructured, and navigated through crises.
Mission
Our mission is to assist companies and families in overcoming their crisis situations, harnessing the full potential of individuals while preserving value for shareholders, clients, suppliers, and financial agents.
Values
Combinamos humildade pessoal com uma vontade resiliente de fazer o que precisa ser feito visando à plena recuperação da empresa.
We combine personal humility with a resilient determination to do what needs to be done to achieve full recovery of the company.
We identify the right individuals who will lead the company through the crisis and deserve to remain on the team. Similarly, we recognize the wrong individuals who do not respond positively to the changes imposed by the crisis and should be removed. We understand that tolerating the presence of unfit individuals is unfair, as the right ones will inevitably have to compensate for the low performance of others. In restructuring processes, people are not the most important asset; it is the right people who hold that title.
We do not foster false hopes. Facts hold more relevance than dreams. We cultivate an environment of transparency, where truth can be spoken and heard. We confront the naked truth with an unwavering faith that we will emerge victorious in the end, regardless of the challenges we face.
We strive to select self-disciplined individuals and engage them in a rigorous process of disciplined thinking, which leads to disciplined actions and unity in pursuit of clear and coherent goals.