QuinStreet, which delivers measurable online marketing results to clients in information-intensive industry verticals, announced terms for its IPO on Tuesday. The Foster City, CA-based company plans to raise $180 million by offering 10 million shares at a price range of $17-$19; it had previously filed to raise $250 million in its S-1. At the mid-point of the proposed range, QuinStreet will command a market value of $902 million. The marketing company, which was founded in 1999 and booked $275 million in sales over the last 12 months, plans to list on the NASDAQ under the symbol QNST. Credit Suisse, BofA Merrill Lynch, and J.P. Morgan are the lead underwriters on the deal, which is slated to be priced the week of February 8th.
