Tethys Investments

Tethys Investments is a private equity firm established in 2017 and based in Boston, Massachusetts. The firm specializes in lower-middle-market investments, focusing on growth and distressed assets in Eurasia. Tethys emphasizes regional and country specialization, industry expertise, and rigorous due diligence, combining quantitative analysis with field-intensive qualitative assessments. The firm selectively invests in sectors such as energy, transportation, financial services, agriculture, manufacturing, IT services, and hospitality. Tethys aims to identify investment opportunities that lead to the development of stronger companies, prioritizing social responsibility and long-term returns. Additionally, when favorable exit options are identified within a 5-10 year timeframe, Tethys is open to investing in greenfield projects.

Ramil Maharramov Muzaffarsky

Managing Partner

Past deals in Hungary

Ceva Santé Animale

Private Equity Round in 2025
Ceva Sante Animale S.A. engages in the research, development, production, and marketing of pharmaceutical products and vaccines for companion and farm animals. They work with welfare and social programmes around the world to bring this vision to life – anywhere their products and know-how can make a difference and with all kinds of partners. From Uganda, working with small-scale livestock owners and vets to stop sleeping sickness in its tracks, to the UK and USA, where they supply the biggest animal welfare charities with Adaptil® collars to help re-home shelter dogs.

Ceva Santé Animale

Venture Round in 2020
Ceva Sante Animale S.A. engages in the research, development, production, and marketing of pharmaceutical products and vaccines for companion and farm animals. They work with welfare and social programmes around the world to bring this vision to life – anywhere their products and know-how can make a difference and with all kinds of partners. From Uganda, working with small-scale livestock owners and vets to stop sleeping sickness in its tracks, to the UK and USA, where they supply the biggest animal welfare charities with Adaptil® collars to help re-home shelter dogs.
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