August 1, 2015

Aliso Viejo, CA (August 1, 2015) – Bison Capital Partners IV, LP (“Bison Capital”) announced today that it has closed an investment in indie Semiconductor (“Indie” or the “Company”), a fast-growing provider of application specific integrated circuits (ASICs) for utilization in automotive, consumer, industrial, medical and other product applications. Indie specializes in microcontroller-based chips which integrate functions for sensing, processing, controlling and wireless and wireless communication all into a single device,
typically integrating the functions of a whole circuit board in the process. Applications within the broad product category known as the Internet of Things (“IoT”) frequently require a chip design reflecting a combination of low cost, low power and very small size for which Indie’s approach is ideal.

Indie was founded in 2007 by a team of engineers who were previously the founding and executive team members of Axiom Microdevices, Inc. (acquired by Skyworks Solutions, Inc. in 2009), which successfully built the world’s first CMOS power amplifier for the cellphone market and shipped over 250 million units.

Bison Capital is a Los Angeles and New York based private equity firm that makes growth capital investments in middle‐market companies, public or private, for expansion, acquisitions, and balance sheet recapitalizations. The firm’s primary investment focus is partnering with entrepreneurs and management teams seeking capital to grow their businesses. www.bisoncapital.com