Client: Leading DTC Brand

Opportunity

Our Client was pursuing an initial public offering, and needed core compliance programs as a prerequisite. Foodwit was hired to conduct a preliminary gap assessment, and implement a custom compliance solution in a truncated timeline.

Approach

Foodwit engaged in a 10 week sprint to help the client become IPO-ready. First, Foodwit conducted on-site facility audits, key stakeholder interviews, and C-suite engagement to drive executive sponsorship of the program adoption. Following the creation of a core team of resources, Foodwit led the development and implementation of prerequisite compliance programs including a custom go-to-market cross-functional process and risk-mitigation strategies for supply chain volatility.

Result

• Facility registration

• Successful Agency audit

• Implementation timeline accelerated from 6 months to 10 weeks. 

• Recommendations for key hires, org planning, and staffing plans

“Completing the regulatory due diligence process leading up to the IPO was an incredibly daunting task for our in-house Legal team.  Foodwit’s partnership was critical as we prepared for the hot seat - they deftly mapped our regulatory progress and made critical recommendations for foundational compliance, setting us to confidently address challenging questions from outside counsel.”

• Legal Counsel, DTC Meal Kit Brand

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Industry

Direct To Consumer

Services

Regulatory

Growth Strategy 

Gap Assessment

Managed Services

Service Contact

Becki Holmes (Founder / Principal)

Let’s talk about how to make your brand transaction-ready