After rumors of an acquisition by Violet Grey, the retailer has been acquired by the Mitchell Family Office.WHO: Cos Bar, founded in 1976 by Lily Garfield in Aspen, is a luxury multi-brand beauty retailer with 21 stores across the US, focusing on high-net-worth locations such as La Jolla, California, Vail, Colorado, and Houston, Texas. Designed for a sophisticated and discerning audience. Cos Bar has successfully carved out a unique and engaging sales experience focused on the needs of this client.Founded by Mark Mitchell in 2015, the Mitchell Family Office has a proven track record of success, originating in the healthcare sector and expanding into a rich diversified portfolio of over 20 companies, ranging from legacy brands to luxury hospitality. Deploying from a base of permanent capital, MFO seeks to create a meaningful and lasting positive impact in all areas of focus.WHY: With omni-channel distribution and geographic expansion on the horizon, Cos Bar aims to bring its unique blend of curated selection and personalized service to a broader audience. MFO, with deep expertise in healthcare and a growing presence in beauty via its ownership of Swan Beauty, the personalized beauty technology platform, will support Cos Bar’s evolution as it enters its next chapter and vision for the future.IN THEIR OWN WORDS: “Cos Bar is a brand with deep heritage, a loyal client base, and a phenomenal reputation for excellence in luxury beauty,” said Mark Mitchell, Managing Partner of Mitchell Family Office. “We are thrilled to partner with the Cos Bar team to honor the company’s legacy while positioning it for future growth.