Delanic Films managing director Joe Simpson and Anchor Bay Entertainment UK Managing Director Colin Lomax announced the deal.
Delanic will manage theatrical and TV releasing while Anchor Bay Entertainment UK handles home entertainment releases through its existing London-based operation.
The three-year pact will cover six to 10 films per year.
The first film under the deal is comedy Freebird starring Gary Stretch, Phil Daniels and Geoff Bell, which was out in cinemas Feb 1 and will have a double-disc DVD release on June 2.
The second release will be Peter Howitt's Dangerous Parking, out in UK cinemas on May 23.
Other titles include Swing Vote starring Kevin Costner, Passengers starring Anne Hathaway, and Hachiko: A Dog's Story starring Richard Gere.
'This is a significant point in the evolution of our company,' said Delanic's Simpson. 'In one deal we have not only aligned ourselves with a global media powerhouse as a strategic partner but also accessed a fantastic home entertainment distribution team. It means we can get on with the business of acquiring a portfolio of films and be able to give each title first class marketing and distribution support in home entertainment as well as theatrical.'