QuinStreet to Acquire HomeBuddy for $190 Million

+2.10%

QuinStreet, Inc.

QNST

14.61

+2.10%

QuinStreet will acquire HomeBuddy, a digital marketplace platform operated by SIREN GROUP AG, for $115 million in cash at closing and an additional $75 million in post-closing payments over four years, subject to certain closing adjustments. The transaction is expected to close in early 2026, with QuinStreet planning to finance part of the payment through a new credit facility. HomeBuddy, which generated approximately $141 million in revenue for the twelve months ended September 30, 2025, will be integrated into QuinStreet's Modernize Home Services business. The acquisition is expected to add at least $30 million to QuinStreet's adjusted EBITDA in the first twelve months following closing, with further growth anticipated as synergies are realized. More details will be provided in QuinStreet's FY2026 Q2 earnings call in February 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QuinStreet Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251203862027) on December 03, 2025, and is solely responsible for the information contained therein.

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