Los Angeles, California – After seven years of marriage, Scooter Braun and his businesswoman wife Yael Cohen have called it quits, but it might not be a forever thing.

Two days after sharing a heartfelt anniversary post on Instagram, sources told People that Scooter Braun (40) and his wife Yael Cohen (34) were separating after seven years of marriage.

Despite news of the couple's separation, a source close to Braun said there's still hope the two will rekindle their love.

"Their friendship is the best it's ever been, but they're taking some time apart to sort things out," the source told People.

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On July 6, Braun headed to Instagram to shower his wife with love and adoration on their seventh wedding anniversary. Alongside a photo of the couple at their wedding in 2014, Braun's caption read:

"If just for the kids you have given me everything. But thanks to you I have grown, I have been pushed to be the best version of myself and to continue growing and learning. That all happened because you came in to my life. 7 years. The adventure is just beginning. Thank you Yae. I love you. Happy anniversary."

The tribute did not go unnoticed by Cohen, who commented, "A Team 4lyfe" with two heart emojis.

According to Page Six, the pair is still living together, and neither party plans to file for divorce.

The couple has three kids together: Jagger (6), Levi (4), and Hart (2).