Management buyout for Proptech lettings platforms 

Management buyout for Proptech lettings platforms 


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The Lettings Hub and Canopy Group have completed a management buyout. 

A statement says the deal enables further investment in technology, data, operational expertise, and product innovation.

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Matt West becomes chief executive, succeeding famous lettings figure Gary Barker, who slots into the role of executive chairman.

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West is a former chief executive of Feefo and says: “The group has onboarded more customers, strengthened the foundations of its platform, and introduced new

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partnerships that are making the rental journey faster, smarter, and more seamless for letting agents and tenants alike. 

“We are now ready to enter the next phase of growth, including accelerated technology development in 2026.”

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The Lettings Hub and Canopy Group says its Elite Reference turnaround time is typically under two days, with call waiting reduced to under a minute. 

Barker comments: “We are entering a new phase of growth and innovation. 

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“This buyout allows us to invest further in our people and technology, delivering a unified solution that meets the evolving needs of the lettings industry today and in the future.”

Canopy is a rental platform that handles tenant onboarding, affordability assessments, and offers financial wellbeing tools. The Lettings Hub offers a range of services including  tenant referencing, compliance, insurance and rent protection.

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