About Us
Hands-on collaboration
Our Team
Our team has over 100 years of combined experience in the fitness, wellness, and franchise industries. In addition to the key management team, Franvest has a committed group of advisors and consultants that provide assistance during due diligence, transactions, and for ongoing operations.

David A. Hardy, MBA
PRINCIPAL & PRESIDENT
David is the Principal and President of Franvest Capital Partners. David has been actively involved in the purchase and sale of private and publicly held companies since 1990.
Dave has owned and operated numerous companies in the retail, manufacturing, software, and hospitality industries, as well as real estate developments including hotels, apartments, industrial, and townhouse developments in the US and Canada.
David was active in industry associations and boards including President of the Fitness Industry Council of Canada, IHRSA Board of Directors (2008 – 2012), Alberta Economic Development Authority (2013 – 2015) and Past President of the Edmonton chapter of the Association for Corporate Growth.
David and his wife Erin have four children and enjoy skiing and cycling.

Blake Macdonald, B.COM
MANAGING PARTNER
Blake is a Managing Partner at Franvest and is responsible for business plan design, execution, and management of the portfolio companies.
Blake is actively involved in the management of the portfolio companies where today he holds the position of President at Orangetheory Fitness Canada.
Blake graduated from the University of Alberta with a Commerce degree and a major in Corporate Finance. He is a world-class curler on Team Koe where he won the both the Brier and the World Championships in 2010. Blake and his wife Lawnie have two children and together they enjoy curling and golfing.

Terry Blachek
Managing Director
Terry is a seasoned entrepreneur and franchise leader with more than 35 years of experience scaling health, fitness, and lifestyle brands. As one of the original partners of Orangetheory Fitness, he played a key role in developing the brand’s pre-sale process and later built Austin Fitness Group into one of the largest franchise groups in the system, leading a team of more than 1,200 employees across 130 studios.
At Franvest, Terry brings his expertise in brand growth and franchise development, with recent investments including The Dog Stop. He is also a recognized speaker and host of the Tuesday with Terry podcast, where he shares insights on sales, leadership, and business growth.

Kelly Hall, MBA
Director, Operations
Kelly Hall is a Director with Franvest and has been with the firm since 2015. Kelly is responsible for the acquisitions, operations and divestitures of portfolio companies as well as expansion related projects.
Kelly has a Bachelor of Arts majoring in Political Science from Macewan University and is currently completing her Masters of Business Administration from the University of Alberta. Kelly enjoys being outside, horse back riding and spending time with her husband and young son.

Matt Walsh, B.COM
Director, Investments
Matt is an Associate and Financial Analyst at Franvest where he works on financial due diligence and modeling for the portfolio companies.
Matt has a background in investment valuations and is a level three candidate in the Chartered Financial Analyst program. Matt graduated from the University of Alberta with a Bachelor of Commerce degree with a major in finance.
In his free time Matt enjoys golf, cycling, flag football, and analyzing advanced sports statistics.

Vivianne Favreau Sparrow, CPA, CMA
CONTROLLER
Vivianne is the Controller for Franvest Capital Partners and is responsible for the overall financial requirements and tax management within the organization.
Vivianne holds an accounting designation of Chartered Professional Accountant (CPA, CMA). She currently holds Treasurer positions on non-profit organizations and offers her professional services to various organizations. In her spare time, Vivianne plays the violin and enjoys skiing, running, biking, spending time with family and friends, and learning about health and fitness.

Nathan Taylor
Data Scientist
Nathan Taylor is a Data Scientist at Franvest, specializing in building data-driven capabilities for the firm’s consumer-facing investments. He is responsible for the data architecture and analytical models that optimize marketing, operations, and member retention. His background in developing automation for financial institutions provides a unique skill set for creating robust and scalable data solutions.
An active member of the data science community, Nahan enjoys reading and cultural anthropology outside of programming.

Cara Scott
Executive Administrator
Cara Scott is an Executive Administrator with Franvest, where she provides financial administration, team support, and executive coordination to help ensure the firm’s smooth daily operations and support strategic initiatives.
Cara holds an Advanced Accounting Diploma and has a strong background in both financial administration and organizational support. Outside of work, Cara enjoys exploring the outdoors, reading, and quality time with her husband and three children.
Franvest Capital Partners
Your Franchise-Growth Partner
Business Hours
Monday–Friday: 8am – 5pm
Saturday & Sunday: Closed