Case Study: Onnit achieves acquisition-ready reporting with Praxis

Onnit gets acquisition-ready faster with Praxis, avoiding 80 hours of manual reporting

Onnit, a health and wellness brand, was pursuing an acquisition but lacked clarity and access to its own historical data, which was critical for investor due diligence. Their CFO estimated it would take 80 hours to get unreliable answers to basic questions. To solve this, they turned to vendor Praxis for its KPI consulting and custom dashboard services.

Praxis implemented a solution that aggregated and automated Onnit's data, presenting it in a clear format for investors. This enabled Onnit to tell its story effectively and successfully close an acquisition deal with Unilever. The Praxis solution provided the reporting needed for due diligence and was accomplished much faster than building an internal team could have.

Onnit