After leaving the CEO Position at Restaurant Associates, Pine founded Aries Associates, a consulting firm that provides strategic advice to CEO’s and private equity investors on restaurant chain investments. In addition to numerous domestic assignments, Pine has consulted on restaurant businesses in England,France and the Ukraine.
Prior to 2001, Pine served as a consultant to Patricof & Co. Ventures (now Apax Partners) and BNY Capital Markets Inc., the investment banking division of the Bank of New York, for seven years. His focus was private equity, M&A and advising restaurant companies on growth strategies.
Currently, he works primarily with Centre Partners, a NYC based middle market buyout group. He has advised Centre on four buyouts.
He is known best for his twenty-five year career at Restaurant Associates Corp., a full-service, multi-concept restaurant company that owned various prominent theme restaurants in NYC.
Pine led the process to significantly change RA’s business strategy and lack of profits which included the divestiture of several under-performing foodservice, specialty retail and hotel companies. Pine also identified, evaluated and negotiated the acquisition of four chain restaurant businesses that became highly successful for RA.