Le Lézard
Classified in: Environment, Science and technology
Subject: Divestiture

Baxter Marine Group Announces Strategic Sale of Vessel Vanguard to BHH Marine


Baxter Marine Group, LLC, proudly announces the successful sale of its pioneering marine SaaS platform, Vessel Vanguard, to BHH Marine. Known for its advanced preventative maintenance tracking tools tailored for a wide range of maritime operations, Vessel Vanguard is well-positioned to continue transforming operational efficiency, reliability, asset protection, and safety management compliance across the maritime industry.

Under the leadership of Rick Heine, CEO of Baxter Marine Group, Vessel Vanguard has undergone a profound digital transformation since its acquisition in 2021. The launch of Vessel Vanguard 360 in 2023 marked a significant milestone -- a groundbreaking platform designed from the ground up to empower owners, captains, and crewmembers with intuitive web and mobile applications that simplify maintenance, operations, and safety management. Its comprehensive, customizable maintenance tracking solutions have become indispensable to everyone from individual yacht owners to extensive maritime fleets.

"We've set a new benchmark with Vessel Vanguard over the past three years, and we're pleased to entrust its future to BHH Marine," said Rick Heine. "Their commitment to pushing the boundaries of innovation in the marine industry gives us confidence that they will continue to support Vessel Vanguard's loyal customers and drive the platform forward."

Now under the stewardship of BHH Marine, led by Brian Hagan, Vessel Vanguard is poised to reach even greater heights. An entrepreneur, executive, captain, and marine enthusiast, Hagan brings a deep-rooted connection to the maritime industry and a steadfast commitment to advancing technologies that enhance efficiency and reliability for boat owners and operators globally.

"We are excited to bring Vessel Vanguard into the BHH Marine family. The platform has set the gold standard in preventative maintenance tracking across the maritime sector. We are eager to build on its success with further innovation that makes boating safer, more efficient, and a better experience for everyone," said Hagan.

About Vessel Vanguard

Vessel Vanguard is a premier marine SaaS platform, providing state-of-the-art preventative maintenance tracking tools tailored to meet the needs of various maritime operators, including those in the commercial, recreational, law enforcement, and military sectors. By maximizing operational efficiency, reliability, asset protection, and safety, Vessel Vanguard ensures that all vessels remain voyage-ready, allowing operators to maintain peak performance and avoid unexpected downtime.

About Baxter Marine Group

Under the leadership of CEO Rick Heine, Baxter Marine Group was founded to unify several marine maintenance software companies into a single, cohesive platform. Now recognized as Vessel Vanguard 360, this platform serves a broad spectrum of maritime operators. In less than three years, Baxter Marine Group successfully integrated four companies, seamlessly transitioning their operations and customers to the newly developed Vessel Vanguard 360 platform.

Rick Heine has a proven track record of building and revitalizing companies across diverse industries, including facilities management, financial services, aviation, and marine. His previous ventures, such as Reprographic Technologies, RTI Laser Print Services, and Flightdocs, reflect his ability to elevate companies to the forefront of technology and customer satisfaction. The successful sale of Vessel Vanguard to BHH Marine Group is the latest example of his strategic vision and leadership.

About BHH Marine, LLC

Under Brian Hagan's leadership, BHH Marine is committed to revolutionizing the marine industry by integrating cutting-edge technology. Focused on enhancing the boating experience for owners and operators, BHH Marine invests in innovative solutions that drive efficiency, safety, and reliability across the marine sector.


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