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Austin-based Wellness Business Heats up With $140 Million Infusion

An Austin wellness company whose stores specialize in services like IV drip therapy and “whole body” cryotherapy has landed a $140 million investment that’ll fuel an expansion of the brand. New York City-based private equity firm General Atlantic led the funding round for Restore Hyper Wellness. Today, Restore’s retail network comprises 115 mostly franchised locations in 34 states. Buoyed by the fresh infusion of cash, the company plans to open a new store every four…

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