TeamBuy.ca and DealFind.com: Set to be Acquired after Filing for Bankruptcy Protection

TeamBuy and DealFind

I found a couple interesting articles that sheds some light into why TeamBuy.ca and DealFind.com recently filed for bankruptcy protection:

A motion has been filed by the legal representatives of Couch Commerce Inc., the group that owns TeamBuy Inc., Dealfind.com Corp., and MenuPalace.com Corp., to approve its sale to nCrowd Commerce Inc. on Monday, September 22, 2014.

nCrowd is a company based out of US that has been buying up distressed deal sites since 2011. Other distressed deal providers that have been acquired by nCrowd include Tippr, Saveology, Spreebird, etc… The acquisition of Teambuy/Dealfind would enable nCrowd to enter the Canadian market in a leadership position.

Hopefully, this is good news and it’ll mean they’ll fix all their issues and be back soon. Teambuy is Canada’s largest based daily deals site with over 3.5 million members and is the second largest overall behind Groupon.com in Canada.

TeamBuy.ca and DealFind.com have Filed Bankruptcy

TeamBuy and DealFind

It has come to my attention that TeamBuy.ca and DealFind.com recently declared bankruptcy:

Dear Valued Customer,

Please be advised that as of Friday, August 29, 2014, Couch Commerce Inc., the parent company of TeamBuy.ca/Dealfind.com, has entered into a legal & financial restructuring process. Pursuant to the rules and regulations governing the restructuring process, we cannot honor TeamBucks issued on or before August 29, 2014 and issue any refunds related to purchases on or before August 29, 2014.

Please note the purpose of the restructuring is to provide the Companies with a more stable environment to continue operations and develop a plan that will allow us to continue in business. We appreciate your prior support and looking forward to continued support through this important process.

Sincerely,
Sarah
Manager of Customer Experience
TeamBuy.ca | Dealfind.com

I’m shocked and disappointed by the news. TeamBuy/DealFind was one of my favourite daily deals sites. I bought a lot of deals from them over the last couple years and never had any issues.

Allegedly, TeamBuy/DealFind is no longer offering refunds and has stopped paying their merchants. This has forced some merchants to stop accepting/honouring their vouchers. If you have any oustanding TeamBuy/DealFind vouchers that you haven’t used, your I suggest you contact the merchant and ask if they’re still honouring the voucher. If they’re not, you can contact TeamBuy to request a refund or call the number on the back of your credit card and request a charge back.

Because I can’t guarantee if any deals purchased from TeamBuy/DealFind will be honoured, I’m going to stop posting TeamBuy/DealFind deals on my blog. I will keep you posted and will let you know if I hear any updates about this matter. In the meantime, I will continue to work hard and find all the best deals by posting them on my blog.

UPDATE: I talked to TeamBuy (on Sept 15) and was told they are currently in the process of a corporate restructure. They are strengthening their financial position and will come back stronger then ever. They are expected to announce positive news as early as next week.

Health Medica Ottawa: $49 for Spinal Decompression, Shockwave Therapy or Custom Orthotics Credit (Save $101 or 67% Off)

Health Medica Ottawa1

TeamBuy Ottawa Hot Daily Deal of the Day: Health Medica Ottawa: $49 for Spinal Decompression, Shockwave Therapy or Custom Orthotics Credit (Save $101 or 67% Off)

Buy now for only $
49
Value $150
Discount 67% Off
Save $101

Spinal health and posture are essential in maintaining a good quality of life, no matter what your age is! Stay proactive and enjoy all of the benefits, thanks to today’s TeamBuy deal from Health Medica Ottawa:

$49 for Two Spinal Decompression Treatments ($150 Value)
$49 for One Shockwave Therapy Treatment ($150 Value)
$49 for a $150 Credit Towards Custom-Made Orthotics

Highlights
Proactive treatment will protect you against all kinds of potential future issues!
Health Medica is a respected leader in its field, with procedures and products of the finest quality.
Choose from three specialized packages, depending on your personal needs.
It’s a very wise investment for men and women of any age to make.

This is a limited 1-week only sale that will expire at midnight on Sunday, September 21, 2014.

Click here to buy now or for more information about the deal. Quantities are limited so don’t miss out!

Read More “Health Medica Ottawa: $49 for Spinal Decompression, Shockwave Therapy or Custom Orthotics Credit (Save $101 or 67% Off)”

TeamBuy Products: $9 for a Six-Pack Beer Holster Belt (64% Off)

Beer Holster Belt

TeamBuy Hot Daily Deal of the Day: TeamBuy Products: $9 for a Six-Pack Beer Holster Belt (64% Off)

Buy now for only $
9
Value $25
Discount 64% Off
Save $16

Today’s TeamBuy featured deal only costs $9 and it’ll get you a Six-Pack Beer Holster Belt! That’s a saving of 64% Off! You can stock up on the deal as you may buy unlimited vouchers for personal use and as gifts & the vouchers will NEVER expire! Shipping & Handling Charge: $5.

Highlights
Certified to bring on the good times and guaranteed to captivate the ladies.
These beer belts eliminate any need for washboard abs.
You’ll already have a ”six pack”…of delicious brews at your fingertips.

This deal is a hot seller. TeamBuy has already sold over 250+ vouchers at the time of this post.

This is a limited 1-week only sale that will expire at midnight on Sunday, September 21, 2014.

Click here to buy now or for more information about the deal. Quantities are limited so don’t miss out!

Read More “TeamBuy Products: $9 for a Six-Pack Beer Holster Belt (64% Off)”

Last Chance: FunHaven – $10 and Up for a Fury of the Fallen, Friday Night Live or FunFlex Package (50% Off)

FunHaven TeamBuy

Last Chance Reminder: I originally posted about this deal last week. Here’s a reminder that today is your last chance to buy the deal as expires tonight. At the time of this post, they have sold over 50+ vouchers so don’t miss out!

TeamBuy Ottawa Hot Daily Deal of the Day: $10 and Up for a Fury of the Fallen, Friday Night Live or FunFlex Package at FunHaven (Up to $60 Value)

Buy now for only $10
Value $20
Discount 50% Off
You Save $10

Whether you prefer a spooky good time or a regular good time, you’re sure to get a kick out of the action-packed activity packages available with today’s TeamBuy deal from Fury of the Fallen:

  • $10 for Regular Admission for 2 to Fury of the Fallen ($20 Value)
  • $20 for VIP Admission for 2 to Fury of the Fallen ($40 Value)
  • $30 for Admission for 2 to FunHaven’s Friday Night Live, with 6 Unlimited Attractions, $6 FunCard Each and a Pizza Meal Deal or 1 Alcoholic Beverage Each ($60 Value)
  • $29 for 2 FunFlex All-Day Packages with Access to Bumper Cars, Rock Wall, Laser Frenzy, Comfy Land, Jungle Gym and a $5 Bonus Fun Card for 2 ($50 Value)
  • $5 to Make a $5 Donation to the Children’s Hospital of Eastern Ontario – CHEO

Highlights

  • Ottawa’s number-one entertainment destination for fun-lovers of all ages!
  • Whether you’re with the family, some friends or a date, there’s always something exciting at FunHaven.
  • Choose from 4 great activity packages, with the option to also make a lovely charitable donation.
  • Tons of interactive activities, thrills, chills, good food, drinks and more!
  • Dedicated to safety, cleanliness and customer service in an upscale and affordable environment.

This is a limited 1-week only sale that will expire at midnight on Monday, September 8, 2014.

Click here to buy now or for more info about the deal. Quantities are limited so don’t miss out!

Read More “Last Chance: FunHaven – $10 and Up for a Fury of the Fallen, Friday Night Live or FunFlex Package (50% Off)”

Metta Massage and Yoga Clinic: $99 for a Luxury Spa Day with 60-Minute Relaxation Massage, a Manicure, and Organic Facial (Save $111 or 53% Off)

Metta Massage and Yoga Clinic

TeamBuy Ottawa Hot Daily Deal of the Day: Metta Massage and Yoga Clinic – $99 for a Luxury Spa Day with 60-Minute Relaxation Massage, a Manicure, and Organic Facial (Save $111 or 53% Off)

Buy now for only $
99
Value $210
Discount 53% Off
Save $111

Discover an elegant spa where you can experience the soothing and rejuvenating care you require, all when you take advantage of today’s TeamBuy deal from Metta Massage and Yoga Clinic:

  • $99 for a Luxury Spa Day with a 60 Minute Relaxation Massage, a Manicure, and an Organic Facial ($210 Value)
  • $39 for a 60 Minute Relaxation Massage ($85 value)

Check out some excellent reviews of this great establishment!

Highlights

  • Give your sore muscles some care and feel restored!
  • Also brings you the option to round out the treatment with a manicure and sprucing facial.
  • Ranked the 4th best spa in Ottawa by WaySpa.com with an average rating of 8.8 out of 10.

This is a limited-time offer while quantities last so don’t miss out!

Click here to buy now or for more details about the deal.

Read More “Metta Massage and Yoga Clinic: $99 for a Luxury Spa Day with 60-Minute Relaxation Massage, a Manicure, and Organic Facial (Save $111 or 53% Off)”