General Atlantic Backs IVs, Cryotherapy With Restore Bet

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General Atlantic is betting on Restore Hyper Wellness, a provider of services including intravenous drip therapy and cryotherapy.

The private equity firm made a $140 million investment in the Austin, Texas-based company, which raised about $100 million in the transaction that featured secondary sales. Restore is valued at more than $500 million, according to a person with knowledge of the matter.