M&A
confidence high
sentiment positive
materiality 0.90
QuinStreet acquires HomeBuddy for $190M; expects $30M+ EBITDA boost
QUINSTREET, INC
- Purchase price: $115M cash at closing plus $75M in equal annual installments over 4 years.
- HomeBuddy revenue $141M (12 mos to Sep 2025); QuinStreet expects acquisition to be accretive to adj. EBITDA and EPS, adding $30M+ EBITDA in first 12 months post-close.
- Transaction expected to close in Q1 2026, subject to regulatory approval and customary closing conditions.
- HomeBuddy extends Modernize Home Services platform with exclusive high-intent leads, new digital media, and adds >2,000 clients across 30+ trades.
- QuinStreet plans to finance part of closing payment through a new credit facility established prior to close.