January 5, 2015 - Logic Ventures LLC is pleased to announce the acquisition of 100 percent of the shares of All Metals Service & Warehousing and All Metals Transportation and Logistics, an independent, South-East based, flat rolled steel and aluminum toll-processor and end-to-end logistics provider.   

The acquisition comes as a result of the longstanding relationship between Logic Ventures and the previous owner and CEO, Harry Simon, and the mutual desire to preserve and build on the legacy of superior service for which All Metals has earned its reputation over four decades.

Harry Simon is retiring from the company and is succeeded in the CEO position by Jason Sippey.

Harry Simon who led the company for the last 22 years, says, “I was approached by Logic Ventures over two years ago.  We have spent a lot of time with each other, and I am not only comfortable but confident that I am leaving my second family, All Metals, in very strong hands.”

“There is a lot said about the importance of buying great companies, and that is exactly what we have done.  All Metals is a great company, with a great legacy and great people.  We are thrilled to have All Metals as our first Strategic acquisition in the toll-processing and service arena. We look forward to working with the All Metals team on expansion and growth opportunities,” Jason Sippey commented. 

Logic Ventures was represented by Daniel Sullivan and Miller & Martin PLLC. All Metals was represented by Brian Sadler and Krevolin & Horst LLP.