UK edtech Pass secures private equity backing to fund growth push

What's the deal? PassDealroom has a profile for this one. Try Dealroom →, a UK education technology business, has completed a private equity growth investment from Hypha Private EquityDealroom has a profile for this one. Try Dealroom →, with corporate finance firm CowgillsDealroom has a profile for this one. Try Dealroom → advising the founders and shareholders through the transaction. The deal closed at the end of 2025.

What does Pass do? It sells educational services and technology to learners, schools, colleges, and training providers across education and assessment. It recently launched Pass Learn, a platform offering online courses, qualifications, and educational pathways.

Why now? The investment gives Pass a platform to speed up its growth plans, including further spending on technology, product development, and expanding Pass Learn. The business is pursuing opportunities in both business-to-business and direct-to-consumer markets.

Behind the deal: Cowgills Corporate Finance worked with shareholders and the wider advisory team to structure the transaction and guide management through due diligence. The firm continues to provide tax advisory and business support services following completion.

What they're saying: Oliver Naylor, co-founder of Pass, said the advice ahead of the deal enabled a due diligence process "that completed within three months." He added that the continued relationship is "a testament to the trust that has built up between our teams."

The signal: Founder-led edtech businesses remain an active target for growth capital, with investors backing platforms that span institutional sales and direct-to-consumer learning. Pass's expansion into online qualifications reflects a broader move by education providers to build digital pathways alongside traditional services.

Read more: Cowgills