09:13 AM EST, 12/03/2025 (MT Newswires) -- QuinStreet ( QNST ) said Wednesday that it has signed a definitive agreement to acquire Siren Group, also known as HomeBuddy, for $190 million.

The company said it will acquire the digital marketplace platform for $115 million in cash at closing and $75 million in post-closing payments payable equally over four years.

QuinStreet ( QNST ) said it expects to finance a portion of the consideration with a newly established credit facility.

QuinStreet ( QNST ) said that the deal is expected to be accretive to its earnings, adding $30 million or more in adjusted earnings before interest, taxes, depreciation, and amortization in the first 12 months.

The deal is expected to close in early 2026, it said.

Shares of QuinStreet ( QNST ) were up 4.3% in recent Wednesday premarket activity.