Kegs On Legs Team Eyes New Horizons

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15th April 2009, 12:00pm - Views: 839





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Kegs on Legs team eyes new horizons


The team behind Kegs on Legs is celebrating the sale of their award-winning party

supply business, in a successful exit for RMIT University’s most famous

entrepreneurial alumni.


Having lived the dream of all young entrepreneurs since winning RMIT’s Business

Plan Competition in 2006, Campbell King and Valjean Boynton are looking to new

horizons after selling the iconic beverage catering venture to The Gingerbread Group.


Mr Boynton said he was thrilled to pass on the reins to the new owners.


“It’s amazing to see your idea grow into a business that is valued so highly

someone else wants to buy it," he said.


"For us it was never all about the money – we really looked at it as a learning curve

and in that regard we’ve gained so much.


“We felt the timing was right to sell Kegs on Legs because we’d brought all we

could to the business and we thought it could do with some fresh minds – as well

as contacts in the wider industry – to take it to the next level.”


Armed with the knowledge gained from their studies at RMIT and the practical

experience of starting, growing and selling a start-up venture, the pair is looking

forward to continuing their business careers. 


Mr Boynton is joining The Gingerbread Group and will continue to have a role in

the expansion of Kegs on Legs. Anthony Bailey, Director of The Gingerbread

Group, said: "After seeing what he and Campbell achieved in building Kegs on

Legs to where it is now, Valjean will be a great asset in growing The Gingerbread

Group to Australia's premier boutique event services company.”


Mr King, who went on to complete a Master of Professional Accounting at RMIT,

has joined specialist corporate insolvency firm KordaMentha.



"One thing that attracted me to KordaMentha was its emphasis on empathy in

approaching businesses that have hit hard times – having owned and operated a

business myself, I know things don't all ways go the way you want them to,” he said.


The sale caps off an incredible journey for the pair, in which their business start-up

won numerous accolades including the Port Phillip Business Association Young

Entrepreneur Award, the Victorian Small Business Champion Award and the

Innovation Award at the Queen’s University Entrepreneur Competition in Canada.


For interviews: Campbell King, 0421 339 703, or Valjean Boynton, 0409 955

941.


For general media enquiries: RMIT University Media and Communications,

Gosia Kaszubska, (03) 9925 3176 or 0417 510 735.

15 April, 2009






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