In this work, a two-step method consisting of in situ polymerization of polymethyl methacrylate (PMMA) in the presence of single-walled carbon nanotubes (SWCNT), followed by the redispersion of the resulting compound in dimethylformamide (DMF), was used to fabricate SWCNT modified with PMMA (SWCNT-PMMA). Raman spectroscopy revealed that PMMA was merely wrapped around the SWCNT when raw SWCNT or purified SWCNT were used as the starting material. However, PMMA was covalently bonded to SWCNT when acid treated SWCNT (SWCNT-COOH) was used as the starting material. SWCNT-PMMA compounds were further diluted in pure PMMA by conventional melt compounding at large scale (several kilograms) to obtain transparent composites containing 0.09 wt % SWCNT. The micro- and nano-dispersion of the SWCNT in the composites were analyzed using scanning electron microscopy (SEM) and transmission electron microscopy (TEM). The thermal and mechanical properties of the composites were determined by thermal gravimetric analysis (TGA), differential scanning calorimetry (DSC), tensile testing, and Charpy impact testing. At the the low SWCNT loading studied, the tensile properties remain unchanged, whereas the impact strength improves by 20%.