By Daniel Lopez, Richard Vernon Smith, Douglas S. Mintz, and Richard Harroch After years of sky-high valuations, private equity funds and strategic buyers will have ample opportunity to purchase technology companies at a discount in the wake of the COVID-19 crisis. This article highlights the unique opportunities and risks associated with acquiring a distressed private technology company. 1. Finding Distressed Tech Deals and Identifying Decision Makers In addition to traditional sourcing outlets, buyers can access potential targets by purchasing debt and other claims from existing creditors. If done thoughtfully, a buyer can transform itself from a hopeful outside bidder into