PEXA Group accelerates digital exit with .id divestment

Electronic conveyancing leader PEXA Group (ASX:PXA) has moved to further streamline its operations, announcing a binding agreement to sell its demographic consulting arm, Informed Decisions (.id), to an undisclosed private entity.

The divestment marks a significant milestone in PEXA’s strategy to exit its Digital Solutions business.

While the sale price remains under wraps, the transition is slated for completion by the end of FY26, following the company's recent $26 million net impairment on the segment.

Investors responded favourably to the sharpened focus on core operations, with PEXA shares rising 1.2% in early trade.

At the time of reporting, PEXA Group's share price was $15.32.