Steven Rales, the founder and owner of Indian Paintbrush, a Santa Monica-based production company behind many of director Wes Anderson’s films, has acquired The Criterion Collection Inc. and its parent, Janus Films.

Terms of the deal between Rales and New York-based Janus and Criterion were not disclosed.

According to a story at Screen Daily, which was the first to report on the transaction, leadership and the mission of the companies will not change under the new ownership.

Peter Becker, president of Criterion and Janus Films, said he was excited to continue the legacy of both companies and pursue opportunities before them now available through the new relationship with Rales and Indian Paintbrush.

“We have grown our brands and audience with dedication to a set of values reflected in the films we release, the way we release them, and the way we conduct our business with our valued partners around the world,” Becker said in a statement to Screen Daily.

Janus, founded in 1956 by Bryant Haliday and Cyrus Harvey, Jr., has become one of the most well-known distributors of international classic films in the United States. Recent films include Oscar winner “Drive My Car,” “Evil Does Not Exist,” “EO” and “The Beast.” Janus handles rights in all media to an extensive library that includes the work of Ingmar Bergman, Federico Fellini, Akira Kurosawa and François Truffaut, among many others. Its collection has grown to more than 1,200 films.

Criterion was started in 1984 by Robert Stein, Aleen Stein, Joe Medjuck and Roger Smith.