Mergers and Acquisitions

Mitchell Family Office Acquires Cos Bar

This expands MFO’s lifestyle portfolio and brings the beauty retailer’s service to a wider audience.

September 16, 2025

Assistant Editor

Mitchell Family Office (MFO), a Michigan-based private investment firm, acquired Cos Bar, the luxury multi-brand beauty retailer founded in Aspen in 1976, for an undisclosed amount.

Cos Bar curates some of the world’s most coveted beauty brands, combining a carefully edited selection with exceptional service to deliver an elevated shopping experience.

With a fleet of stores across the United States and a luxury clientele, Cos Bar has established itself as a leader in prestige beauty retail and a trusted beauty destination with its unique blend of curation and personalized client service.

The investment underscores MFO’s commitment to growing its consumer and lifestyle portfolio and accelerating growth for businesses with lasting impact for future generations.

Oliver Garfield, CEO of Cos Bar, said,

“MFO is the ideal partner for Cos Bar’s next chapter. Their proven track record of success in growing impactful businesses and shared values perfectly aligns to build on our legacy and accelerate growth as Cos Bar approaches the milestone 50^th Anniversary. Together, we will be able to expand our reach, enhance the client experience, and continue to set the standard in luxury beauty retail.”

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 wider audience.

Mark Mitchell, Managing Partner of Mitchell Family Office, added,

“Cos Bar is a brand with deep heritage, a loyal client base, and a phenomenal reputation for excellence in luxury beauty… At MFO, we invest in brands with strong founders and passionate leaders, and we see tremendous opportunity to build on Cos Bar’s success with innovation, scale, services and technology.”

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.