EXCLUSIVE: Locomotive, the film/TV production company re-launched in 2014 by Lucy Barzun Donnelly, Alexandra Kerry and Jonathon Kemp, has just closed a jointly funded feature development deal with New Regency. This comes as the producers dress for tonight’s Toronto International Film Festival Gala premiere of the Rebecca Miller-directed Maggie’s Plan, which came in as one of the acquisition titles on buyer lists. The deal came after Locomotive and New Regency teamed on Look Away, the Andy Delaney & Monty Whitebloom-directed film that stars Shannon Tarbet, Benjamin Walker, Aidan Turner, Chloë Sevigny and Matthew Broderick. The pic is in post-production.

Locomotive and New Regency are also working together on the Gemma Burgess-scripted Undergrads and One Night Stand, which Joel Edgerton wrote and Tanya Wexler will direct.

“We admire Locomotive’s taste and ability to source diverse material and pair it with great talent,” said New Regency founder Arnon Milchan, in a statement. “We are excited to partner with them.”

Said Locomotive’s Donnelly and Kerry: “Partnering with New Regency gives us a wider reach for development of high-quality content, as well as access to a broad infrastructure. It is great to be working with a company who shares our vision for distinct and original material.” Kemp made the deal for Locomotive with Jackie Eckhouse at LawCo.