Gary Barker who was appointed CEO at The Lettings Hub and Canopy Group in September, moves upstairs under the buyout deal.
30th Jan 20260 281 1 minute read David Callaghan
A management buyout at The Lettings Hub and Canopy Group signals new tech innovation, while there is a change at the top of the firm just a few months after the last appointment.
Matt West, CEO, The Lettings Hub and Canopy Group
Gary Barker (main picture) was made CEO of the combined group in September last year, but is now replaced by business consultant Matt West.
UpheavalBarker moves upstairs to become Executive Chairman, as the group undergoes another upheaval less than a year after Canopy purchased The Lettings Hub for an undisclosed sum.
Existing investor Hay Wain has funded the latest buyout in a move that is described as a “recapitalisation” of the corporate structure to enable more tech investment.
West previously served as CEO at customer reviews platform Feefo and, since 2021, has worked as a mentor and advisor to businesses.
Largest firmsLast year’s takeover deal made the combined businesses one of the largest proptech firms in the UK, with more than 190 employees, serving 2,600 letting agencies.
West says: “Coming into the business, I can see the significant progress the teams have already made.
“The group has onboarded more customers, strengthened the foundations of its platform, and introduced new partnerships that are making the rental journey faster, smarter, and more seamless for letting agents and tenants alike,” he says.
We are now ready to enter the next phase of growth, including accelerated technology development.”
“With these foundations in place, we are now ready to enter the next phase of growth, including accelerated technology development in 2026 and the rollout of enhanced Renters’ Rights solutions.”
Barker adds: “With the support of Hay Wain, we are entering a new phase of growth and innovation.
“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.”
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30th Jan 20260 281 1 minute read David Callaghan Share Facebook X LinkedIn Share via Email