[5][6] In a New York Times 2007 article, Parella was described as "one of the financial industry’s sharpest recruiters"[7] and Wasserstein[8] was described as the biggest star of the dealmakers in the 1980s Mergers and acquisitions (M&A) boom in The Wall Street Journal.
[10] McKeon, who was 34 years old at the time, along with Bill Lambert and Charles Ward left to join Wasserstein Perella & Co., sometimes referred to as "Wasserella" a "boutique investment bank".
[4][11] With the success of Maybelline, in 1992 McKeon and Thomas Campbell (a former banker from Wasserstein) founded the New York-based Veritas Capital, a private equity firm that specializes in "intelligence", "information technology", such as Global Tel Link (2009)[12] and military and defense industry investments, such as the controversial Dyncorp International LLC (2004),[13] MZM Inc. (2005), Lockheed Martin, and Raytheon, which were acquired under McKeon's tenure.
[3][11] In the 2000s, Veritas under McKeon's tenure, made a major play in homeland security, first with the purchase of sections of DynCorp in 2004 and then with the 2005 acquisition of MZM Inc. in the wake of the Cunningham scandal.
[15] By 2006, Veritas had prepared DynCorp for an IPO on the New York Stock Exchange, but its success created a rift between McKeon and Campbell, resulting in dueling claims in court between the two.
[11] McKeon supported his alma maters, including Albertus Magnus High School, and served on the board of trustees at Fordham University.