Gerbing's Heated Clothing, a manufacturer of heated clothing and accessories, has been acquired by newly-formed Prospect Brands, a partnership between McCarthy Capital and former Ralph Lauren executive Tom Nolan. Mr. Nolan will serve as president and CEO. Founded in 1976, Gerbing's produces two major lines of heated clothing, one geared toward motorcyclists and powersports enthusiasts and another marketed more generally to broader outerwear customers. Omaha-based McCarthy invests exclusively in lower middle-market companies.
