Robert Chalfin

Robert Chalfin
  • Lecturer

Contact Information

Overview

Robert J. Chalfin is the CEO of The Chalfin Group Inc., a Metuchen, New Jersey-based firm that offers advisory services in connection with the purchase and sale of closely held businesses, strategic planning, and valuation. Mr. Chalfin is an owner/investor, corporate board member, and consultant to several businesses, many of which are in the information technology sector.  He has invested in, operated, and developed real estate, which has included serving as a land bank. He was a member of the Board of Directors of Raritan Bay Medical Center and Raritan Bay Health Service Corporation.

Mr. Chalfin is an attorney, CPA, and a Lecturer in Management at The Wharton School of the University of Pennsylvania. He teaches graduate-level courses on acquiring closely held businesses and real estate entrepreneurship to MBA candidates and has been the recipient of several Wharton Teaching Excellence Awards. Mr. Chalfin has presented seminars to numerous professional organizations on a variety of topics including buying and selling businesses, strategic planning, and business valuation.

Bob is the author of the books, A Practical Guide to Buying a Business- Second Edition (2023), A Practical Guide to Selling a Business (2022), A Practical Guide to Buying a Business (2020), and Selling Your IT Business: Valuation, Finding the Right Buyer, and Negotiating the Deal. (2006).

Mr. Chalfin has served as a Court-appointed receiver, provisional director, administrator, fiscal agent, and valuation expert. He was cited in The Best Lawyers in America Directory of Experts as an expert in business valuation, New Jersey Super Lawyers in the area of closely held business, and in New Jersey’s Top-Rated Lawyers in the area of business and commercial. Bob has been quoted in The New York Times, Wall Street Journal, and several other national publications. He was the recipient of the 2009 Middlesex County Bar Association Non Litigation Attorney Award, served as a member of the Supreme Court of New Jersey, District VIII (Middlesex County) Ethics Committee, and is currently a member of the Supreme Court of New Jersey District VIII Fee Arbitration Committee (Middlesex County). He is a Rule 1:40 Mediator for Economic Aspects of Family Law Cases.

He is the host of the podcast series, Business Talk with Chalfin. In addition to being an avid baseball fan, Bob owns minority interests in three minor league baseball teams.

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Teaching

Current Courses (Spring 2025)

  • MGMT8110 - Entrep Through Acquis.

    MGMT 811 focuses on the theoretical, strategic, analytics, and practical issues of acquiring a business. Topics include: locating a business, due diligence, reviewing and analyzing data, valuation, raising capital/financing the deal, search funds, structuring the acquisition, letters of intent, contracts/asset purchase agreements, integrating the target, acquisition growth strategies, and transitioning/exiting the acquisition. Format: The class consists of lectures, in-class discussions of cases, assigned readings, homework problems, case studies, and a group or individual project. It is recommended students take MGMT 801 before enrolling in this course.

    MGMT8110001 ( Syllabus )

    MGMT8110002 ( Syllabus )

All Courses

  • MGMT8110 - Entrep Through Acquis.

    MGMT 811 focuses on the theoretical, strategic, analytics, and practical issues of acquiring a business. Topics include: locating a business, due diligence, reviewing and analyzing data, valuation, raising capital/financing the deal, search funds, structuring the acquisition, letters of intent, contracts/asset purchase agreements, integrating the target, acquisition growth strategies, and transitioning/exiting the acquisition. Format: The class consists of lectures, in-class discussions of cases, assigned readings, homework problems, case studies, and a group or individual project. It is recommended students take MGMT 801 before enrolling in this course.

  • REAL8910 - Real Estate Entrepreneur

    This half-semester course will focus on entrepreneurial aspects of the real estate investment business. The course structure is designed to track the life cycle of real estate investing with different units focusing on discrete stages of the deal process from sourcing and capital raising through asset management and property disposition. At each juncture, granular attention will be paid to real-life deal making skills, all from the perspective of an entrepreneur operating with limited resources in different economic environments. As part of the class, you will analyze deals, models and investment documentation that, once assembled, will arm you with a "deal tool kit" that you can reference as you engage in real estate transactions throughout your career. At the end of the course, time will be allocated to discuss the trajectory of entrepreneurship and how it corresponds to careers in the real estate business.

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