¶ Strada Claimed To Run A “Family-Owned” HVAC Business, But Sold It To Private Equity In 2021
¶ Strada Touted That He Built Strada Services Into A “Family-Owned Company”
Strada Touted That Strada Services Was A “Family-Owned Company.” According to Joe Strada’s campaign website, “Joe grew Strada Services into a family-owned company that serves communities across the country. He learned to meet payroll, manage costs, keep customers satisfied, and navigate the regulations that shape every decision an employer makes.” [votestrada.com – Meet Joe, Viewed 9/15/26]
¶ Strada Sold Strada Services To A Private Equity Company In 2021
December 2021: Strada Services Was Acquired By Trilantic Capital Management L.P. According to Baird, “Strada Services, Inc. (‘Strada’ or the ‘Company’) has entered into a strategic partnership with Trilantic Capital Management L.P. (‘Trilantic North America’). Trilantic North America-managed funds were invested alongside current owners and management to acquire Strada. Terms of the transaction were not disclosed.” [Baird – Transactions, Viewed 9/15/26]
- Trilantic North America Was A Private Equity Firm Based In New York. According to Baird, “Trilantic North America is a growth-focused middle market private equity firm focused on control and significant minority investments in North America. Trilantic North America's primary investment focus is in the business services and consumer sectors. Trilantic North America has managed or is currently managing seven private equity fund families with aggregate capital commitments of $11.0 billion. Trilantic North America is headquartered in New York, New York.” [Baird – Transactions, Viewed 9/15/26]
¶ Strada Reported He Was The Executive Chairman Of Strada Services And Retained A 45 Percent Stake In The Company
2025: Strada Disclosed That He Was The Executive Chairman Of Strada Services LLC. According to Joe Strada’s 2025 personal financial disclosure,
[FEC, Joe Strada, 2025 Personal Financial Disclosure, Filed 7/18/26]
2025: Strada Reported Holding A 45 Percent Interest In Strada Services That Was Worth Over $50,000,000. According to Joe Strada’s 2025 personal financial disclosure,
[FEC, Joe Strada, 2025 Personal Financial Disclosure, Filed 7/18/26]
2025: Strada Reported Earning A Salary Of $212,500 From Strada Services, Down From $423,600 In 2024. According to Joe Strada’s 2025 personal financial disclosure,
[FEC, Joe Strada, 2025 Personal Financial Disclosure, Filed 7/18/26]