Formula One Group to 35.5%. The deputy team principal of Force India, Bob Fernley, accused CVC of "raping the sport" during the period of its involvement in Formula One. In January 2013, Smith retired from the role of chairman and Koltes, Mackenzie and Van Rappard were appointed co-chairmen of the group. In February 2015, CVC made its first investment from CVC Growth Partners in Wireless Logic, Europe's largest machine-to-machine managed service provider, acquiring it from ECI Partners. In March 2015, CVC bought 80% of shares of gambling company Sky Betting & Gaming. In June 2015, CVC acquired the German perfume retailer Douglas AG for an disclosed fee from private equity firm Advent International. In September 2015, CVC opened an office in Warsaw. In November 2015, CVC and the Canada Pension Plan Investment Board both acquired American pet supplier Petco for a fee of around $4.6 billion. In April 2016, CVC Capital Partners acquired German betting operator Tipico. In August 2016, CVC Capital Partners agreed to buy a 15% stake in PT Siloam International Hospitals TbK, among Indonesia's and South East Asia's largest corporate chains of hospitals In September 2016, CVC Capital Partners agreed to sell control of the Formula One Group to John Malone's Liberty Media in a deal worth US$4.4bn. The two-part deal would see the US media group buy 18.7 per cent of the F1 parent company Delta Topco for $746mn in cash from a consortium of shareholders led by CVC. In 2017, a second payment of $354mn in cash and $3.3bn in newly issued shares in a Liberty Media tracking stock saw Liberty Media assume full control of Formula One once the deal was approved by regulators, the FIA and Liberty's shareholders. Towards the end of 2019, CVC Capital Partners purchased Ontic from BBA Aviation for $1.365 billion. 2020s On 25 October 2021, Irelia Company Pte Ltd. (CVC Capital Partners) bought the Ahmedabad-based Indian Premier League cricket franchise (Gujarat Titans) for . In November 2021, CVC acquired Unilever's tea brands for £4.5 billion. Investment funds Notable investments Avast: IT security company Gujarat Titans : IPL team Petco Holdings Inc.: major pet supplies retail chain RAC: automotive rescue service provider in the UK Controversy In January 2015, CVC Capital Partners and Bencis Capital Partners were sentenced to pay fines by the Dutch Authority for Consumers and Markets after it charged the former Dutch portfolio company of the two