By Abigail Summerville

Dec 9 (Reuters) – The parent company of The Honey Pot has hired investment bank Raymond James to sell the feminine care company, ‍according to two people familiar with the matter.

Compass Diversified bought The Honey Pot, which makes tampons, supplements and other health products, for $380 million last year. It has become one of Compass’ best-performing assets so the holding company expects ‌to get a premium above that price, ‌the people said.

The process is in its early days and a sale is not guaranteed, they cautioned, asking not to be identified because the matter is confidential.

Compass, The Honey Pot and Raymond James did not immediately respond to requests for comment.

Compass is a motivated seller right ‍now because of issues at one of its other companie

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