OmniTank, LLC is the holding parent entity of Universal Tank & Fabrication and Gulfex. Headquartered in Dubuque, Iowa, Universal is a manufacturer of steel tanks that are primarily used in water/wastewater, chemical and other industrial applications. Headquartered in Houston, Texas, Gulfex is a provider of metal fabrication services focusing on the production, refining and chemical-related industries.
In November 2012, St. Cloud invested in OmniTank in the form of Senior Secured Notes, Subordinated Notes and Common Stock.