Ed Helms has formed Pacific Electric Picture Co., which will be based at Universal TV, the studio behind The Office, with a first-look deal. Helms has brought in Mosaic’s Mike Falbo as Pacific Electric Picture’s EVP Production & Development. “We are such fans of Ed Helms from his body of work as an actor but we have always been impressed by his instincts and interest in producing,” said Universal Television EVP Bela Bajaria. While the deals for Pacific Electric Picture was still being hammered out, Helms recently sold the first project through the company — a comedy at ABC penned by Mike Arnold (Archer), which follows a brilliant and strong-willed attorney who loses her fiancé and job at the city’s top law firm and takes up with the scrappy, rival firm of misfits across the street. “I’m so thrilled to bring Mike on board the creative gravy train at Pacific Electric Picture Co,” Helms said. “He’s a genuine, wonderful guy with great taste, and a phenomenal work ethic. He also has great hair, which goes a long way in this business.”

Helms, best known for his starring roles on The Office, on which he also served as a producer, and in the blockbuster Hangover franchise, just wrapped production on Joe Carnihan’s Stretch for Universal Pictures and can be seen in comedy hit We’re The Millers. He also produces the web series Tiny Commando for Yahoo!, which he co-created, and stars Zachary Levi and Gillian Jacobs. He repped at CAA, Principato Young and Attorney Ira Schreck. Before his time at Mosaic, Falbo was an executive at Miramax where he shepherded films that included Greg Mottola’s Adventureland, Mike Judge’s Extract and Josh Gordon’s The Switch.