The spa operator Therme Group has bought the Mexican architect's temporary pavilion for an undisclosed sum.
Escobedo's pavilion will travel to a number of locations and be displayed as part of the Therme Art Program. The programme aims to exhibit "visions that cannot be realised in galleries or museum spaces: no matter how complex their production, installation and long-term maintenance may be," according to the organisers.
"Frida Escobedo’s design for the Serpentine Pavilion is a subtle interplay of light, water and geometry," said Serpentine chief executive Yana Peel and artistic director Hans Ulrich Obrist in a joint statement. "Her atmospheric courtyard-based structure draws on both the domestic architecture of Mexico and British materials and history."
They added that they were "delighted" by the purchase.
The Serpentine Pavilion closes on 7 October.