"They met over the summer and they are having really good time they are seeing each other," a source tells PEOPLE

By Michele Corriston
Updated August 27, 2015 11:15 AM
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Charles Sykes/Bravo/Getty;Frederick M. Brown/Getty

This new couple means business.

Bethenny Frankel is dating CNBC’s Marcus Lemonis, a source confirms to PEOPLE.

“They met over the summer and they are having really good time they are seeing each other,” the source says. “He is an amazing fun guy. She is having fun. She’s happy. He’s smart and savvy and fun.”

Frankel, 44, and Lemonis, 41 were spotted getting cozy at the Apollo in the Hamptons charity event earlier this month, where they were all over each other.

The celebrities have plenty in common – they’re both entrepreneurs (Frankel’s Skinnygirl cocktail line is worth millions) and reality TV personalities, with Frankel returning to The Real Housewives of New York City for season 7 and Lemonis starring on The Profit, in which he gives struggling small businesses a boost. Plus, both have ties to The Apprentice: He appeared on the franchise twice to host challenges, and she was the runner-up in Martha Stewart’s 2005 competition.

Frankel was last linked to Modern Family actor Eric Stonestreet. She’s been embroiled in a lengthy custody battle over daughter Bryn, 5, with ex-husband Jason Hoppy since she filed for divorce in January 2013.