Singapore Family Office Buys Into Oatside as Private Capital Backs Food-Tech Growth

Singapore family office private equity activity is in focus after Far East Capital, the family office of Far East Organization, acquired preference shares in oat-milk maker Oatside in a late-November secondary transaction, according to people familiar with the deal.

The stake was bought from early backer Mugi Capital, which has supported Oatside since 2021 and has transferred more than half its holdings to existing shareholders.

Based on DealStreetAsia’s August 2025 valuation estimate of about USD705m and an assumed USD240 share price, Far East Capital’s position could be worth roughly USD4.6m, while the shares divested by Mugi could total around USD35m, implying a fourfold return on issue price.

Oatside declined to comment. The deal highlights how Singapore family office private equity capital continues to target growth-stage consumer brands.