On September 21, 2015, Perk.com Inc. (TSX: PER) announced that it had completed the acquisition of AppRedeem, Inc. pursuant to an all stock transaction.

Under the terms of the transaction, stockholders of AppRedeem received an aggregate of 831,601 Perk common shares. Based on the closing share price on September 18, 2015, the transaction was valued at $3,326,404.

Perk.com is a leading cloud-based mobile rewards platform provider. AppRedeem is an advertising platform for mobile app discovery, branding and monetization.

Gowlings advised Perk.com in this acquisition with a team that included David Petras, John Durdan and Michael Misener (corporate/M&A) and Christopher Andree (employment).