"MENLO PARK, CA: Oak Hill Capital Partners announced today that it has acquired Alibris, a leading online exchange for used, hard-to-find and specialty books, music and videos. Terms were not disclosed."

"According to Bill Pade, a Partner with Oak Hill Capital Partners, 'We have conducted extensive research on the used/hard to find/rare book market and related 'long tail' businesses. We are impressed with the position that Alibris has built in this market and with the quality of its management, technology, and business partnerships. We are excited about helping this company grow and prosper.'"

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