QuinStreet agrees to buy HomeBuddy for $115 million cash plus $75 million later
QuinStreet signed a Share Purchase Agreement on November 30, 2025, to acquire all outstanding equity of HomeBuddy, a home services demand generation provider, for about $115 million in cash at closing plus $75 million in post-closing payments over four years. The company expects the deal to close in the first quarter of 2026, subject to conditions including regulatory approval, and expects it to add $30 million or more of adjusted EBITDA in the first twelve months after closing.
Key points
- Closing cash payment of approximately $115 million, subject to customary adjustments; $75 million payable in equal annual installments over four years
- HomeBuddy generated approximately $141 million in revenue for the twelve months ended September 30, 2025
- QuinStreet expects to fund part of the closing payment with borrowings under a new credit facility; closing expected in the first quarter of 2026
- Agreement can be terminated if closing does not occur by February 13, 2026; no termination fee is payable by either party
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 03, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.