The Keg concept was created by Vancouver entrepreneur George Tidball in 1971. From the beginning, The Keg was enormously successful. The unique combination of great food, superior service and a comfortable atmosphere allowed it to grow quickly into new Canadian and US markets. The Keg was originally created as a private company and later became public, trading on the Vancouver and Toronto Stock Exchanges.

In 1987, The Keg became a subsidiary of Whitbread PLC, a large British Brewing and Hospitality conglomerate. Over the years, The Keg has also operated a number of non-steak restaurant concepts including The Old Spaghetti Factory, Brandy's Cocktail Lounges, Crock and Block, and others. However, The Keg has always thrived and been at its best when it has focused entirely on its core Steakhouse and Bar concept under entrepreneurial leadership. That is The Keg's situation today.

In 1997, Vancouver businessman David Aisenstat purchased The Keg. Mr. Aisenstat also owns a number of fine-dining steakhouse establishments, including the Hy's Steakhouse chain. He has a long history with The Keg, having been a large shareholder and director of the company prior to Whitbread's purchase of The Keg in 1987. Focused, experienced, passionate and dedicated, Mr. Aisenstat leads The Keg as it enjoys a level of success unprecedented in the company's history.