PwC supports The Key Group, a portfolio company of CBPE, in the sale of a majority stake to Permira

November 2025

PwC is pleased to have supported The Key Group, a provider of market-leading education software and a portfolio company of CBPE, in the sale of a majority stake to Permira.

The Key Group delivers critical software solutions to schools across the UK, including well-known brands such as Arbor and The Key. Through their partnership with CBPE, The Key Group has added new service offerings for schools, broadening its product suite and creating market-leading AI capabilities, with over 20,000 schools now using the Group’s products.

PwC provided financial, revenue analytics and tax due diligence services. The PwC team was led by Tom Williams (Partner, FDD), Kern Robinson (Director, FDD), Georgie Bryce (Partner, Analytics) and Carrie Hale (Partner, Tax).

Meet the Deals team

Contact us

Tom Williams

Tom Williams

FDD Partner, PwC United Kingdom

Tel: +44 (0)7843 863813

Georgie Bryce

Georgie Bryce

DIA Partner, PwC United Kingdom

Tel: +44 (0)7718 339128

Carrie Hale

Carrie Hale

M&A Tax Director, PwC United Kingdom

Tel: +44 (0)7710 036 098

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