Aquasourça

Overview

Aquasourça is a family-owned investment company with permanent capital, founded and structured by Sophie Defforey and named after an entrepreneurial opportunity in the water sector. It runs two small-cap private-equity strategies, AQS croissance (generalist, industry and services) and AQS sectoriel (initially agri-food), investing its own funds alone or with co-investors up to €15M as majority or reference minority shareholder. A real-estate branch does value-add development and core/core+ asset management, mainly in France and Europe. The participations page lists 18 current and 9 exited holdings, and the site reports close to 150 transactions over more than 25 years.

Investment thesis

Profitable small caps with strong organic and external growth potential, backed as majority or reference minority shareholder (up to €15M); sector strategy initially focused on agri-food.

Holdings & investments (27)

• Vestal GroupNOTABLE
  Industrial & Manufacturing · since 2023
• M. ChapoutierNOTABLE
  Food & Agriculture · since 2007
• Relais VertNOTABLE
  Food & Agriculture · since 2023
• Groupe KinobéNOTABLE
  Food & Agriculture · since 2025
• Brique House
  Food & Agriculture · since 2023
• Jean Martin
  Food & Agriculture · since 2023
• Champlat
  Food & Agriculture · since 2023
• Jock
  Food & Agriculture · since 2021
• Mium Lab
  Consumer & E-commerce · since 2021
• Astr’in
  Industrial & Manufacturing · since 2020
• Pyramid
  Industrial & Manufacturing · since 2020
• United Chocolate
  Food & Agriculture · since 2018
• Patriarca
  Real Estate & PropTech · since 2016 · Reinvested in 2025 MBO (management keeps majority)
• Acquabella (Construplas)
  Consumer & E-commerce · since 2016 · Exited
• Lensonline
  Consumer & E-commerce · since 2016 · Exited
• APC Étanch
  Industrial & Manufacturing · since 2015
• Shark
  Consumer & E-commerce · since 2015 · Exited
• Focal
  Consumer & E-commerce · since 2014 · Exited
• Théâtre Comédie Odéon
  Media & Entertainment · since 2012
• Ekkia
  Consumer & E-commerce · since 2011
• Eurotab
  Industrial & Manufacturing · since 2010 · Exited
• Finegil
  Industrial & Manufacturing · since 2009 · Exited
• JL Bourg
  Media & Entertainment · since 2008
• Tribune de Lyon
  Media & Entertainment · since 2007
• SNOP
  Industrial & Manufacturing · since 2007 · Exited
• GL events
  Media & Entertainment · since 2002 · Exited
• Emin Leydier
  Industrial & Manufacturing · since 1999 · Exited

People

• Maxime Collart Dutilleul
  Investment Manager (Chargé d’Affaires) · source
• Alexandre de Saint Rapt
  Investment Manager (Chargé d’Affaires) · source
• Marion Dugast
  Real Estate Asset Manager · source
• Sophie Defforey
  President · source
• Alice Crepet
  Member of the Management Board · source
• Félix Crepet
  Member of the Management Board · source
• Michel Abattu
  Member of the Management Board · source
• Pascal Blanc-Brude
  Director of Holdings · source
• Jean-Eudes Leleu
  Director, Fund-of-Funds Activity · source
• Frédéric Sicchia
  Secretary General · source
• Amy Audinot
  Administrative and Financial Director · source
• Valérie Cas Ferrari
  Head of Accounting · source
• Annabel Faisandel
  Assistant · source
• Stéphanie Jardoux Lopes
  Assistant · source

Frequently asked questions