AXA XL, which currently holds approximately 49% of S-RM, said it has entered into an agreement to acquire the remaining shares of the company.

S-RM, a specialist corporate intelligence and cybersecurity consultancy, was founded in 2005. Supporting clients in 140 countries, S-RM helps global businesses and investors navigate complex risks through intelligence, cybersecurity and crisis response services. Its expertise includes cyber risk assessment, managed detection and incident response, specialist investigations, geopolitical intelligence, and integrity and reputational due diligence.

AXA XL said the acquisition will support its strategy to expand its prevention offering. S-RM is expected to continue to deliver services to its global client base as part of AXA XL Risk Advisory, AXA XL’s newly created business unit dedicated to prevention.

“The acquisition of S-RM marks an important step in the buildout of AXA XL Risk Advisory and in our continued efforts to go beyond traditional insurance coverage,” commented Scott Gunter, CEO of AXA XL. “Clients are looking for data-driven insights and expert guidance to help them anticipate emerging threats, mitigate risk, and respond quickly when events occur. S-RM’s specialist expertise will help us accelerate that support.”

Completion of the transaction is subject to customary closing conditions, including the receipt of regulatory approvals, and is expected to take place by the end of September 2026.