"It's amazing to see how the two families have come together with their kids," a source tells PEOPLE of Gwyneth Paltrow and boyfriend Brad Falchuk in this week's issue

Over three years after Gwyneth Paltrow and Chris Martin announced their “conscious uncoupling,” the Goop founder is reportedly engaged to her boyfriend, Brad Falchuk. And according to a Paltrow source, the Coldplay frontman has embraced his ex’s new love.

“Chris and Brad have met several times,” the insider tells PEOPLE in this week’s issue. “Chris accepted Brad a long time ago.”

The couple went public with their romance back in April 2015 at Robert Downey Jr.’s 50th birthday bash. Before that, they had been linked for more than a year, but flew under the radar with their relationship.

Paltrow continues to coparent daughter Apple, 13, and son Moses, 11, with Martin, 40. Falchuk, also a dad of two, has gone as far as hanging out with the exes. Most recently, he joined the lifestyle guru and the “Yellow” singer for brunch Nov. 26.

Chris Martin and Brad Falchuk
| Credit: Gwyneth Paltrow/Instagram

“It’s amazing to see how the two families have come together with their kids,” the source says.

While Paltrow, 45, and her rumored fiancé, 46, met on the set of Glee in 2010, the pal claims keeping their work lives separate from their time together helps maintain their relationship.

“They both work a lot and Gwyneth travels a lot,” the insider explains. “Gwyneth loves her independence and Brad seems the same. Still, they manage to make everything look easy. It really seems to work for them.”

RELATED VIDEO: Gwyneth Paltrow Says She Regrets Announcing Her ‘Conscious Uncoupling’ with Chris Martin on Goop

When they’re apart, “Brad likes to FaceTime Gwyneth,” the friend continues. “And she always has a huge smile when he does. He can still make her blush.”

A second Paltrow source suggests the Iron Man actress has her future all planned out with Falchuk.

“She has many creative ideas on how to spend the rest of her life, and Brad will help make these ideas happen,” says the insider. “Gwyneth is interested in everything about Brad. She has found the right guy.”

  • Reporting by LINDA MARX