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QuinStreet shares fell 7.9% following disappointing fourth-quarter results from Gartner, which reported a 12.8% revenue decline in its Consulting segment. The weak performance from the research and advisory firm sparked concerns about a broader slowdown in the IT services and consulting industry. The negative sentiment spread across the sector, with Accenture and Intuit also experiencing sharp declines. Markets appear concerned about slowing growth rates and uncertainty surrounding artificial intelligence's long-term impact on existing business models. QuinStreet shares have experienced 13 moves greater than 5% over the past year. The stock is down 15.4% year-to-date and trading 52.7% below its 52-week high of $25.17 from February 2025.

QuinStreet has entered into a senior secured credit agreement with MUFG Bank, establishing a $150 million revolving credit facility. The proceeds will fund the acquisition of HomeBuddy and support general corporate and working capital needs. The facility matures on 2 January 2031 and is secured by first-priority liens on substantially all assets of QuinStreet and certain subsidiaries. Borrowings will bear interest at a SOFR-based or base rate plus an applicable margin, with an unused commitment fee applied to undrawn amounts.

QuinStreet announces agreement to acquire HomeBuddy. QuinStreet, Inc., a technology company in the financial and home services industries, announced that on November 30, 2025, it entered into a definitive agreement to acquire Siren Group as HomeBuddy, a digital marketplace platform that matches homeowners with home services professionals. QuinStreet will integrate HomeBuddy into its Modernize Home Services business. HomeBuddy plans to extend the Modernize Home Services platform in several ways: * HomeBuddy will add a new product line to the platform: exclusive, high-intent leads distributed in an auction format. * HomeBuddy will add a new consumer brand with digital media buying and reach, adding new networks, technology, integrations, and data to the platform. * HomeBuddy will add new home services professionals to QuinStreet's network, with the intention of growing the client base to more than 2,000 enterprise and regional professionals. * HomeBuddy will aid the company's delivery of new products and services to clients, namely their 360 Finance home improvement finance marketplace. Consumer spending on home improvement is estimated at $522 billion in 2023 and expected to reach $615 billion by 2029. The sector continues to grow as homeowners prioritize personalization, benefit from rising home equity, aging in place, and adaptation to remote work. QuinStreet estimates home improvement professionals spend $30 billion to $60 billion per year on marketing, with spending allocation to digital growing rapidly. "The HomeBuddy team has built a model that delivers exclusive, high-intent homeowner demand at scale, and the combination with Modernize allows us to extend that capability across a broader platform," said Nikolai von Loeper, CEO of HomeBuddy. "By joining with Modernize, we're combining complementary capabilities in a way that expands access to high-quality opportunities across more channels for home services professionals." "HomeBuddy's demand-generation capabilities align closely with our performance-focused marketing platform, strengthening the combined platform's overall capacity and potential for at-scale growth," said Tim Stevens, COO of QuinStreet. "Home services professionals benefit from increased reach and a broader range of data and tools to run their businesses more effectively." Under the terms of the Share Purchase Agreement, QuinStreet will acquire HomeBuddy for $115 million in cash at closing and $75 million in post-closing payments payable equally over four years, subject to closing adjustments. QuinStreet expects to finance a portion of the closing payment through borrowings under a new credit facility expected to be established on or prior to the closing of the transaction. The transaction is subject to the satisfaction of customary closing conditions, including regulatory approval, and is expected to close in early 2026. For the 12 months prior to September 30, 2025, HomeBuddy generated approximately $141 million in revenue. QuinStreet believes the acquisition of HomeBuddy would have been accretive to QuinStreet's revenue and adjusted EBITDA for the same period. QuinStreet expects the acquisition will be accretive to its adjusted EBITDA and EPS, adding an expected $30 million or more of adjusted EBITDA in the first 12 months following closing of the transaction, with significant growth expected. More details about the transaction will be shared in QuinStreet's FY2026 Q2 earnings call in February 2026, and in subsequent reports filed with the Securities and Exchange Commission. QR