Brit film financier The Fyzz Facility has inked a deal with The Tea Shop & Film Company producers Mark Lane and James Harris to launch The Fyzz Facility Pictures.

The merger sees Tea Shop’s Lane and Harris appointed as directors alongside Fyzz’s Wayne Marc Godfrey and Robert Jones. The two companies have collaborated on three pics in the last 18 months, including upcoming shark thriller “47 Meters Down,” which will be released by the Weinstein Company in North America and eOne in Blighty.

Under the new banner, the team will focus on developing existing and new IP and strive to produce three to five feature films and television productions a year with the support of “substantial financial backing.”

Since Godfrey (“The Usual Suspects”) launched The Fyzz Facility in 2010, the outfit has brought more than $85 million of investment into more than 100 feature pics including Jennifer Aniston starrer “Cake,” Martin Scorsese’s “Silence,” toplining Liam Neeson and Robert De Niro starrer “Heist.”

The financier has also produced features such as “A Patch of Fog” and “The Survivalist.”

Tea Shop has produced U.K. fare such as “Tower Block” and “Cockneys vs Zombies” and is currently in post on a raft of titles including Orlando Bloom starrer “Romans.”

Phillip Wealand will also join the new venture, working in The Fyzz Facility development team, headed up by Emma Lamont.