Macrocyclic crystalline dibutyltin succinate (Bu2SnSuc) and adipate (Bu2SnAd) were prepared in high yields from Bu2SnO and dicarboxylic acid. According to vapor pressure osmometry and MALDI‐TOF mass spectrometry, Bu2SnSuc is a cyclic trimer and Bu2SnAd a cyclic dimer. These macrocycles initiate a faster polymerization of TMC at 80°C than Sn(II) octanoate or Bu2Sn octanoate. The resulting polyTMC does not contain succinate or adipate groups, and the molecular weight (Mw) is independent of the monomer to initiator ratio (M/I). Above 120°C a complete esterification and incorporation of the dicarboxylic acids takes place, and the identification of CH2OH end groups suggests that a ring‐expansion polymerization via insertion of TMC into Sn—O—CH2 bonds proceeds. The number‐average molecular weights increase with the M/I ratio, but do not exactly parallel it. At longer reaction times the molecular weights are affected by “back‐biting” degradation.