Single Family Office

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Franvest Capital Partners

Franvest Capital Partners was founded in 1989 and maintains its headquarters in Edmonton. David A. Hardy serves as Principal and President. No public...

Franvest Capital Partners logo

Franvest Capital Partners

Franvest Capital Partners was founded in 1989 and maintains its headquarters in Edmonton. David A. Hardy serves as Principal and President. No public disclosure identifies the originating family or wealth source. The firm executes direct investments in buyouts, growth equity, early-stage rounds, and recapitalizations. It commits to companies with EBITDA between zero and $5 million and enterprise values up to $50 million. Asset classes include private equity in fitness franchises, wellness platforms, and select real-estate developments. Confirmed holdings comprise Orangetheory Fitness, Orangetheory Fitness Canada, The Dog Stop, Anytime Fitness, Waxing the City, and The Bar Method. Geographic reach covers the United States and Canada, with additional real-estate assets in both countries. Franvest structures most transactions as direct co-investments or SPVs and works alongside management teams on strategic planning and technology implementation. The team includes eight listed professionals. Franvest maintains one headquarters office. It holds memberships in the Fitness Industry Council of Canada, IHRSA, the Alberta Economic Development Authority, the Association for Corporate Growth Edmonton Chapter, Augie's Quest to Cure ALS Fitness Advisory Council, the Canadian Franchise Association, and the International Franchise Association. No dated operational events from the last 24 months appear in available records. Franvest functions as both investor and master franchisor for Orangetheory Fitness Canada, creating a hybrid ownership model that combines capital deployment with operational control of franchise rights. This structure differentiates it from pure financial sponsors and ties investment decisions directly to franchise-system performance metrics.

General information

Firm type

Single Family Office

Year founded

1989

Location

Region

North America

Country

Canada

City

Edmonton

Corporate office

Suite #100 10357-109 Street, Edmonton, AB T5J 1N3, Canada

Principals

David A. Hardy

Principal & President

Blake Macdonald

Managing Partner

Matt Walsh

Director, Investments

Vivianne Favreau Sparrow

Chief Financial Officer

Terry Blachek

Functional Advisor

Sector focus

Sports & WellnessFranchiseReal Estate

Frequently asked questions

Who runs investment decisions at Franvest Capital Partners?

David A. Hardy serves as Principal and President and leads investment activity. Blake Macdonald acts as Managing Partner and Matt Walsh serves as Director of Investments. The three principals evaluate opportunities against published criteria for revenue, EBITDA, and growth trajectory.

Does Franvest Capital Partners participate in fund commitments or only direct deals?

Franvest executes direct co-investments and SPVs. It does not commit to third-party funds. Transactions target minority or majority ownership in privately held lower-middle-market companies.

What investment stages does Franvest Capital Partners typically target?

The firm covers buyouts, early-stage, growth equity, and recapitalizations. Target companies show revenues of $3 million to $50 million and enterprise values up to $50 million.

Which sectors does Franvest Capital Partners focus on?

Primary sectors are fitness, wellness, and franchising. Secondary exposure includes real-estate developments in hotel, apartment, industrial, and townhouse formats across the United States and Canada.

How is Franvest Capital Partners related to Orangetheory Fitness Canada?

Franvest acts as master franchisor for Orangetheory Fitness Canada and holds more than 110 locations open or in development. The position combines franchise-system ownership with direct equity investment in the brand.

Where does Franvest Capital Partners source deal flow?

Sourcing occurs through professional networks including the International Franchise Association, the Canadian Franchise Association, and the Association for Corporate Growth. David Hardy previously held leadership roles in IHRSA and the Fitness Industry Council of Canada.

Does Franvest Capital Partners maintain philanthropic structures?

The firm lists involvement with Augie's Quest to Cure ALS and Little Warriors. David Hardy serves on the Augie's Quest Fitness Advisory Council. No separate foundation entity is disclosed.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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