EXCLUSIVE: WME has signed Bandito Bros, whose partners Mike “Mouse” McCoy and Scott Waugh directed Act Of Valor and next direct Arnold Schwarzenegger in Black Sands this summer. The financier/production company had been repped by ICM, which made deals for McCoy to direct God’s Gulch, and for Waugh to helm the car chase movie High Speed. ICM will make a North American distribution deal on Waiting For Lightning, which played at SXSW.┬áThe Bandito Bros is an ambitious enterprise with eight partners who hatch, produce and finance immersive content ranging from features to documentaries and commercials and programming for TV and digital. On Act Of Valor, they raised the $12 million budget and flew under the radar until they were ready to take the finished film to the marketplace. Relativity Media won a bidding battle and paid $13 million for distribution. They are comfortable financing their features, which leads to a high upside.