Alternative Exit #64 | 400+ Transitions Later: What Actually Makes EO Work

Alternative Exit · Apr 30, 2026 · 42m · transcript

After 400+ employee ownership transitions and over two decades in the space, Ewan Hall has seen what works and what doesn't. In this episode, he walks Andy through the practical realities of EOT transitions in the UK — from the tax recalibration last October to the four pillars every successful transition needs (deal, ownership, governance, culture). Ewan unpacks the concept of "enough" that unlocks seller psychology, the underused role of debt finance, and a deceptively simple framework — informed, consult, consent — that resolves who decides what after the founder steps back. Honest…