According to a report published by Reuters, Compass Diversified (CoDi Partners), the parent company of The Honey Pot, has hired investment bank Raymond James to sell the feminine care company. CoDi bought The Honey Pot, which makes tampons, supplements and other health products, for $380 million last year, and it has become one of its best-performing assets.

CoDi is a motivated to sell The Honey Pot because of issues at one of its other companies, Lugano, a jewelry and diamond company that filed for bankruptcy in November after a preliminary internal investigation revealed accounting fraud. Honey Pot’s strong performance should make it attractive to buyers and allow it to command an attractive selling price.

The Honey Pot, which uses plant-derived ingredients and clinically tested formulas, was launched in 2012 out of CEO and co-founder Beatrice Dixon’s apartment.