Malcolm Appelbaum - Chief Financial Officer
Malcolm Appelbaum is a Managing Director and the Chief Financial Officer of Gemspring Capital. Prior to joining Gemspring, Malcolm served as an independent operating partner to H.I.G. and other private equity sponsors having founded a consulting practice, AppleTree Advisors, in 1999 to assist middle-market and lower-middle market businesses achieve their profitability, growth and value objectives. As an operating partner, Malcolm served as interim CFO, restructuring specialist or due diligence and financial consultant on over a dozen H.I.G. portfolio companies from 2001-2015 as well as restructuring, acquisition and divestiture assignments for other lower-middle market private equity portfolio companies.
From 2008-2013, Malcolm was the Chief Financial Officer of Globe Specialty Metals, a producer of silicon metal and silicon-based specialty alloys, which he took public in 2009 on NASDAQ. Malcolm led the accounting, finance and technology teams, completing numerous acquisitions, effecting divestitures of non-core assets, completing several major debt financings and implementing SAP and SOX compliance. Prior to founding AppleTree, Malcolm was a Partner at Wand Partners, a middle-market private equity firm, where he was responsible for a broad range of activities including sourcing, conducting due diligence, portfolio company management and accounting & administration. Malcolm began his career as an Accountant at Deloitte and a Financial Analyst at Goldman Sachs.
Malcolm received a B.S. in Accounting from City University of New York – Brooklyn College and an MBA in finance from Columbia University. He is a Certified Public Accountant registered in New York State.