QuinStreet secures $150 million revolving credit facility

QuinStreet has closed its acquisition of HomeBuddy , paying $115 million in cash at closing and committing to an additional $75 million in post-closing payments spread evenly over four years. The deal brings the total consideration to $190 million, subject to customary adjustments.

HomeBuddy will be integrated into QuinStreet’s Modernize Home Services business, adding new products, media capabilities, and clients while expanding the platform’s market reach in home services lead generation.

QuinStreet expects the acquisition to be accretive to adjusted EBITDA and EPS, with HomeBuddy contributing at least $30 million in adjusted EBITDA over the first 12 months post-close, and additional margin upside as synergies are realized.

Separately, QuinStreet also entered into a new $150 million revolving credit facility with a syndicate of commercial banks. More detail on the transaction is expected during the company’s FY2026 Q2 earnings call in February.