Tethys
The Deal
- Bought By
- Philippe Saussol
- Year
- 2020
- Vehicle
- Backed by Istria Capital and JB46 Partners
- Kind
- Physical operations
A French maker of pyrotechnic solutions for the defense industry, run by a searcher one backer's gallery names as its chief executive.
What Happened Next
Sold: one backer's gallery pairs him with the company and reads exited to Abenex, and a second backer's grid files the company under its first fund with an acquisition year of 2020 and marks it exited. No page read dates the sale.
The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.
Backed by the Same Firms
Istria Capital
- Grupo Security · Jorge Gimenez-Arribas and Juan Bolivar · 2026
- Vialterna · Federico Mariscal and Enrique Valdés · 2026
- Telecardio · Marcelo Espiga and Tiago Dowsley · 2026
- IMASP · José María Jover and Ignacio Jarava · 2026
- The rest of the record
JB46 Partners
- Bautech · Antonio del Valle · 2026
- Edgar Hausmann · Luca Hany · 2026
- AT Safety Training · David Tô · 2025
- Gallagher Bros Construction · Curtis Rother and Jake Burt · 2025
- The rest of the record
Method & Source
This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts.
- Istria Capital's own account istriacapital.com
- JB46 Partners' own account jb46.com
- A third party's record of the deal searchfundsnews.com