ELOGEX OBTAINS $17 MILLION BOOST FROM FENWAY PARTNERS

ELOGEX OBTAINS $17 MILLION BOOST FROM FENWAY PARTNERS    Elogex Inc., a provider of collaborative logistics solutions, said Monday it has received $17 million of new growth capital from Fenway Partners, an investor group based in New York.
   The additional capital will be used to extend Elogex’s infrastructure to support its customer base, the company said in a statement.
   Elogex was “poised to expand (its) growing list of blue-chip corporate clients,” said Richard Dresdale, president of Fenway Partners.
   Elogex’s OneNetwork application allows supply chain executives to view their logistics activities by using a single solution, covering inbound and outbound freight execution, dock door scheduling, and centralized contract management.