Pre-tax profits at A&M SWB Holding Ltd, the entity behind the private Hogs Head golf resort in Baslicon, Waterville, Co Kerry, rose to €4.23m last year. The resort is owned and operated by New York-headquartered management consulting firm Alvarez & Marsal.
The financial result represents a distinct increase from the prior year, when pre-tax profits stood at €660,214.
The rise in pre-tax profits was accompanied by a 31% increase in revenue, which grew from €15.28m to €20.09m.
Key financial details from the latest consolidated accounts include:
The consolidated balance sheet shows shareholder funds of €55.66m at the end of December 2025. This balance reflects accumulated losses of €27.74m offset by called-up share capital of €83.36m.
The firm’s fixed assets carry a book value of €58.6m, reflecting ongoing capital deployment since Alvarez & Marsal acquired the property over 10 years ago.
The book value of tangible assets breaks down as follows:
Capital expenditure on tangible fixed assets totaled €5.8m last year, following a €1.3m investment in the preceding year.
According to company directors, the business operates a private golf club “at the premium end of the international golf market”.
Operational capacity expanded during the period:
Parent company Alvarez & Marsal has been in operation for over 40 years and employs 13,500 people across 100 offices in 40 countries. Its network spans the Americas, Asia Pacific, Europe, the Middle East, Africa, Asia, and Australia.
In January of last year, the firm expanded its presence into Ireland by opening an office in Dublin to establish its corporate finance practice.
