---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-26-000053"
form_type: "8-K"
ticker: "QNST"
cik: "0001117297"
company_name: "QUINSTREET, INC"
filed_at: "2026-01-02T23:59:59+00:00"
generated_at: "2026-05-16T11:46:53.467951+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# QuinStreet completes $115M acquisition of HomeBuddy, secures $150M credit facility

## Summary
- Closed acquisition of HomeBuddy for $115M cash at closing, plus $75M in equal annual installments over 4 years.
- Entered new $150M revolving credit facility with MUFG Bank, maturing Jan 2, 2031, to partially fund acquisition and for general corporate purposes.
- Credit facility bears interest at SOFR-based rate plus margin up to 2.75% or base rate plus up to 1.75%, with pricing tied to leverage ratio.
- Financial statements of HomeBuddy will be filed by amendment within 71 days.

## SEC filing metadata
- accession: 0000950103-26-000053
- form_type: 8-K
- ticker: QNST
- cik: 0001117297
- company_name: QUINSTREET, INC
- filed_at: 2026-01-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1117297/000095010326000053/0000950103-26-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1117297/000095010326000053/dp239503_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-000053
- JSON: https://secwatch.observer/filing/0000950103-26-000053.json
- Plain text: https://secwatch.observer/filing/0000950103-26-000053.txt

## Source-grounded claims
- claim_id: 881a5d4c9b2abf33071fc09403b9a129565f04a4
  claim: QUINSTREET, INC incurred revolving credit of $150 million with MUFG Bank, LTD. at SOFR-based rate (subject to a 0.00% per annum floor), plus an applicable margin maturing January 2, 2031.
  evidence_excerpt: The Financing Agreement provides for a new $150 million revolving credit facility (the “Revolving Credit Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1117297/000095010326000053/0000950103-26-000053-index.htm
- claim_id: 91073804c6ad6222aebbe8b28d1ba1bc38d43890
  claim: QUINSTREET, INC completed an acquisition involving SIREN GROUP AG d/b/a HomeBuddy for $115.0 million in cash, subject to certain adjustments as provided in the Purchase Agreement (closed 2026-01-02).
  evidence_excerpt: I thereto (each, a “Seller” and collectively, the “Sellers”) and Maxym Entin, solely in his capacity as the representative of the Shareholders. At closing, QuinStreet paid $115.0 million in cash, subject to certain adjustments as provided in the Purchase Agreement. Pursuant to the Purchase Agreement, QuinStreet is obligated to pay $75.0 million in additional
  evidence_url: https://www.sec.gov/Archives/edgar/data/1117297/000095010326000053/0000950103-26-000053-index.htm
- claim_id: d1d29ef0bc9c91530d3a5915d285992a2958e902
  claim: QUINSTREET, INC entered into Financing Agreement with MUFG Bank, LTD., as administrative agent for the lenders and certain other parties signatory thereto valued at $150 million (effective 2026-01-02).
  evidence_excerpt: On January 2, 2026, QuinStreet, Inc., a Delaware corporation (“QuinStreet”), entered into the senior secured credit agreement (the “Financing Agreement”) by and among QuinStreet, Inc., as borrower (the “Borrower”), MUFG Bank, LTD., as administrative agent for the lenders (in such capacity, together with its successors and assigns in such capacity, the “Administrative Agent”) and certain other parties signatory thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1117297/000095010326000053/0000950103-26-000053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.