Control Risks to Spin Off Forensic Business Unit
Beringer Capital will acquire the division to form a new entity focused on global regulatory and investigative challenges.
Updated on Oct. 15, 2026 in Business Strategy
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Control Risks is spinning off its Discovery + Data Insights and Forensics businesses into a new standalone company. The transaction, announced on October 15, 2026, is expected to close before the end of the year.
Why it matters
The spinoff aims to establish a dedicated global firm equipped to handle complex litigation, regulatory compliance, and investigative risks for organizations. Beringer Capital plans to invest in the new company to enhance its technological capabilities and talent pool.
Georges Sabongui, who brings two decades of industry experience, will lead the new company. He previously served as CEO of CloudNine from 2021 to 2024 and as chief commercial officer of X1 from 2019 to 2021.
The players
Control Risks
This is a global risk consultancy that provides strategic advice and specialized services to help organizations navigate complex operational and regulatory environments.
Beringer Capital
This private equity firm focuses on investing in middle-market companies within the media, marketing, and technology services sectors.
Georges Sabongui
He is the incoming CEO of the new entity who previously held leadership roles at CloudNine and X1.
The details
The new entity will operate under the name Control Risks - Compliance, Investigations & eDiscovery, with Control Risks retaining an equity stake. Michele Wiener, Brad Kolacinski, John Kim, and Brian Mich are among the key personnel transferring to the newly formed firm.
Timeline
October 15, 2026: The planned business spinoff was officially announced.
Before the end of 2026: The transaction is expected to close.
Market Landscape
This move aligns with the broader industry trend of large consultancies spinning off specialized units to capture private equity capital for technology scaling. It positions the new entity to compete more directly with niche eDiscovery and forensics firms by decoupling from its parent company.
Existing clients of the Discovery + Data Insights and Forensics divisions will see these services move to a standalone entity managed by new leadership. The company has pledged to continue supporting organizational risk and regulatory needs through this expanded technological platform.
The takeaway
The creation of this new firm highlights the growing demand for specialized, tech-driven forensic and regulatory investigative services. Clients should expect continuity in service delivery as teams transition to the new corporate structure under Beringer Capital.
Further reading
For more on corporate restructuring trends, visit the Business Strategy section.
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