Duane LeGate Commissions, Inc. CEO Duane LeGate is a humble guy, but a rich one. According to my sources, the sale of of his company to Fidelity Financial went for somewhere in the $250 million range, a hefty price tag for a real estate software company that is only five years old. LeGate’s stake was an estimated 40 percent-plus, which equals a $100 million (plus or minus payday) for the discreet Florida Boy. Not quite a mega Powerball lottery win, but close enough. (LeGate would not confirm these details.) The 50-something entrepreneur built a highly-prized company culture that was equally profitable and growing like a weed, attracting the interest of many buyers. Fidelity got the prize. Also stalking Commissions, Inc. were other “strategic buyers” and some private e…
