Shannon Beador is finally ready to let go of her drama-filled divorce with ex-husband David!

After revealing The Real Housewives of Orange County blonde beauty is in a hot romance with her new boyfriend, Alex, Breaking Celebrity News has exclusively learned she is now “on amicable terms” with her ex.

“They are putting their children first and are working on establishing a new set of boundaries that will help the both of them in the long run,” an insider said.

“David wanted to be left out of the spotlight and he got just that. He is getting to see his daughters more and more and it’s been great for their family.”

As fans now know, the 54-year-old mother-of-three has kept herself quite busy lately as she settles into her new life in Newport Beach, Calif.

And according to the source, it has helped to take her mind off her messy divorce proceedings with David.

“She’s found a man who treats her like she deserves and she is happy now. Alex is an absolute sweetheart. He has already met Shannon’s kids, and they definitely approve,” the source previously told Breaking Celebrity News.

“Shannon has really been focused on her children, her fitness goals and on her new QVC line,” the insider told Breaking Celebrity News. “She looks amazing, and is in a really good place right now,” the insider added at the time.