{"id":11794,"date":"2014-12-29T00:00:00","date_gmt":"2014-12-29T04:00:00","guid":{"rendered":"https:\/\/livingstagenew.wpenginepowered.com\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/"},"modified":"2026-06-25T09:08:12","modified_gmt":"2026-06-25T13:08:12","slug":"livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben","status":"publish","type":"transaction","link":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/","title":{"rendered":"Livingstone supporta Tensile Capital Management nell&#8217;acquisizione di Keraben"},"content":{"rendered":"\n<p><strong>Il team del Industrial di Livingstone \u00e8 lieto di annunciare l&#8217;acquisizione di <\/strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.keraben.com\/\"><strong>Keraben Grupo, S.A<\/strong><\/a><strong>. da parte dell\u2019investitore statunitense <\/strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.tensilecapital.com\/\"><strong>Tensile Capital Management LLC.<\/strong><\/a><strong> Livingstone ha agito come consulente finanziario esclusivo in un\u2019operazione complessa che ha coinvolto la ristrutturazione del debito, un&#8217;iniezione di capitale e l\u2019acquisizione dell\u2019azienda.<\/strong><\/p><p>Con sede a Nules, Spagna, e di propriet\u00e0 della famiglia Benavent, Keraben \u00e8 specializzata nella progettazione, produzione e distribuzione di piastrelle in ceramica per uso domestico. Con una capacit\u00e0 produttiva compresa tra 9 e 9,5 milioni di metri quadrati all\u2019anno, Keraben \u00e8 uno dei principali operatori internazionali nel settore delle ceramiche di alta qualit\u00e0, in un mercato in cui la Spagna \u00e8 tra i primi cinque produttori a livello globale. Nel 2013, Keraben ha registrato un fatturato consolidato di 100 milioni di euro.<\/p><p>Con sede a San Francisco, California, Tensile \u00e8 un fondo di investimento specializzato in operazioni a lungo termine in aziende private e quotate. Il fondo investe in business di alta qualit\u00e0, supportando il management nella crescita strategica e garantendo stabilit\u00e0 con un orizzonte di partnership fino a dieci anni. Attualmente, Tensile gestisce un portafoglio di asset del valore di circa 600 milioni di dollari.<\/p><p>Grazie alla sua consolidata esperienza nel settore dei materiali da costruzione, il supporto di Tensile consentir\u00e0 a Keraben di accelerare significativamente la crescita organica, entrare in nuovi mercati ed esplorare acquisizioni strategiche. Il team di gestione esistente, guidato da Jos\u00e9 Luis Lanuza, rester\u00e0 alla guida dell\u2019azienda.<\/p><p><strong>Doug Dossey, Managing Partner di Tensile<\/strong>, ha dichiarato: <em>\u201cAvendo gi\u00e0 lavorato con Livingstone in passato, non abbiamo avuto dubbi nell\u2019affidarci nuovamente a loro per questa operazione complessa. Con il nostro quartier generale a San Francisco, sapevamo che Tensile avrebbe avuto bisogno di un partner locale forte in Spagna, che potesse agire come un\u2019estensione del nostro team. Alla fine, per\u00f2, abbiamo ottenuto molto di pi\u00f9: Livingstone si \u00e8 completamente integrata con il nostro team e con il management di Keraben, contribuendo in modo decisivo alla buona riuscita dell&#8217;operazione. Siamo molto grati per il loro impegno durante questi dieci mesi di lavoro e non vediamo l\u2019ora di collaborare nuovamente con Neil ed Eva.\u201d<\/em><\/p><p><strong>Jos\u00e9 Luis Lanuza, CEO di Keraben<\/strong>, ha aggiunto: <em>\u201cSiamo entusiasti di aver completato questa operazione. \u00c8 stato un piacere lavorare con il team di Livingstone, che si \u00e8 dimostrato sempre positivo e proattivo nel trovare soluzioni per superare le difficolt\u00e0. La loro esperienza \u00e8 stata di grande valore in ogni fase del processo.\u201d<\/em><\/p><p><strong>Neil Collen, Partner di Livingstone<\/strong>, ha commentato: <em>\u201cCredo che questa sia l&#8217;operazione pi\u00f9 complessa che abbia mai completato. Il processo ha incluso l\u2019acquisizione del debito, il rifinanziamento con quasi tutte le principali istituzioni bancarie in Spagna, l\u2019utilizzo di diversi strumenti finanziari e l\u2019investimento da parte di un fondo internazionale. Nonostante la complessit\u00e0, \u00e8 stato un vero piacere collaborare con partner di alto livello in un processo intenso ma estremamente stimolante. Tensile, la famiglia Benavent, il team di gestione di Keraben e le tredici banche coinvolte hanno dimostrato grande flessibilit\u00e0, impegno e creativit\u00e0.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":2809,"template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"client-type":[],"region":[],"sector":[],"service":[],"transaction-type":[],"class_list":["post-11794","transaction","type-transaction","status-publish","has-post-thumbnail","hentry"],"acf":{"team_members":[1475,1495],"date":"20141229","client_type":51,"type":[1118],"region":[390,393,1191],"services":[449,450],"sectors":[741,756],"related_transactions":[12305,12391,11961,12085],"related_testimonials":[51891,52437],"contacts":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Livingstone supporta Tensile Capital Management nell&#039;acquisizione di Keraben - Livingstone Partners<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Livingstone supporta Tensile Capital Management nell&#039;acquisizione di Keraben - Livingstone Partners\" \/>\n<meta property=\"og:url\" content=\"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/\" \/>\n<meta property=\"og:site_name\" content=\"Livingstone Partners\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-25T13:08:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/53cc4648.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1055\" \/>\n\t<meta property=\"og:image:height\" content=\"754\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minuti\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\\\/\",\"name\":\"Livingstone supporta Tensile Capital Management nell'acquisizione di Keraben - Livingstone Partners\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/53cc4648.png\",\"datePublished\":\"2014-12-29T04:00:00+00:00\",\"dateModified\":\"2026-06-25T13:08:12+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\\\/#breadcrumb\"},\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\\\/#primaryimage\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/53cc4648.png\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/53cc4648.png\",\"width\":1055,\"height\":754},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transactions\",\"item\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/transaction\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Livingstone supporta Tensile Capital Management nell&#8217;acquisizione di Keraben\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#website\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/\",\"name\":\"Livingstone Partners\",\"description\":\"Deals Done Right.\",\"publisher\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"it-IT\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#organization\",\"name\":\"Livingstone Partners\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"caption\":\"Livingstone Partners\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/it\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Livingstone supporta Tensile Capital Management nell'acquisizione di Keraben - Livingstone Partners","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/","og_locale":"it_IT","og_type":"article","og_title":"Livingstone supporta Tensile Capital Management nell'acquisizione di Keraben - Livingstone Partners","og_url":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/","og_site_name":"Livingstone Partners","article_modified_time":"2026-06-25T13:08:12+00:00","og_image":[{"width":1055,"height":754,"url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/53cc4648.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Tempo di lettura stimato":"2 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/","url":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/","name":"Livingstone supporta Tensile Capital Management nell'acquisizione di Keraben - Livingstone Partners","isPartOf":{"@id":"https:\/\/livingstonepartners.com\/it\/#website"},"primaryImageOfPage":{"@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/#primaryimage"},"image":{"@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/#primaryimage"},"thumbnailUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/53cc4648.png","datePublished":"2014-12-29T04:00:00+00:00","dateModified":"2026-06-25T13:08:12+00:00","breadcrumb":{"@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/#primaryimage","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/53cc4648.png","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/53cc4648.png","width":1055,"height":754},{"@type":"BreadcrumbList","@id":"https:\/\/livingstonepartners.com\/it\/transaction\/livingstone-advises-tensile-capital-management-on-the-acquisition-of-keraben\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/livingstonepartners.com\/it\/"},{"@type":"ListItem","position":2,"name":"Transactions","item":"https:\/\/livingstonepartners.com\/it\/transaction\/"},{"@type":"ListItem","position":3,"name":"Livingstone supporta Tensile Capital Management nell&#8217;acquisizione di Keraben"}]},{"@type":"WebSite","@id":"https:\/\/livingstonepartners.com\/it\/#website","url":"https:\/\/livingstonepartners.com\/it\/","name":"Livingstone Partners","description":"Deals Done Right.","publisher":{"@id":"https:\/\/livingstonepartners.com\/it\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/livingstonepartners.com\/it\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"},{"@type":"Organization","@id":"https:\/\/livingstonepartners.com\/it\/#organization","name":"Livingstone Partners","url":"https:\/\/livingstonepartners.com\/it\/","logo":{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/livingstonepartners.com\/it\/#\/schema\/logo\/image\/","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","caption":"Livingstone Partners"},"image":{"@id":"https:\/\/livingstonepartners.com\/it\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/11794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction"}],"about":[{"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/types\/transaction"}],"version-history":[{"count":1,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/11794\/revisions"}],"predecessor-version":[{"id":68737,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/11794\/revisions\/68737"}],"acf:post":[{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/testimonial\/52437"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/testimonial\/51891"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/12085"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/11961"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/12391"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction\/12305"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/team-member\/1495"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/team-member\/1475"}],"acf:term":[{"embeddable":true,"taxonomy":"sector","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/sector\/756"},{"embeddable":true,"taxonomy":"sector","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/sector\/741"},{"embeddable":true,"taxonomy":"service","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/service\/450"},{"embeddable":true,"taxonomy":"service","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/service\/449"},{"embeddable":true,"taxonomy":"region","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/region\/1191"},{"embeddable":true,"taxonomy":"region","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/region\/393"},{"embeddable":true,"taxonomy":"region","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/region\/390"},{"embeddable":true,"taxonomy":"transaction-type","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction-type\/1118"},{"embeddable":true,"taxonomy":"client-type","href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/client-type\/51"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/media\/2809"}],"wp:attachment":[{"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/media?parent=11794"}],"wp:term":[{"taxonomy":"client-type","embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/client-type?post=11794"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/region?post=11794"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/sector?post=11794"},{"taxonomy":"service","embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/service?post=11794"},{"taxonomy":"transaction-type","embeddable":true,"href":"https:\/\/livingstonepartners.com\/it\/wp-json\/wp\/v2\/transaction-type?post=11794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}